DislikedIm not sure which direction it will affect AUD/USD however an interest rate cut will be weakness for EUR.
So I imagine that would make AUD more attractive (this is an assumption however - im not sure on that one)
Ive not looked too much into EUR but I beleive I read somewhere its anticipated there WILL be a cut in which case it would most likely be already priced into the currency.
As an example yesterdays RBA decision to cut interest rates saw a surge in AUD which is opposite to what you'd expect, however from what ive read speculators anticipated...Ignored
Yea, guess thats why I'm still so confused after reading numerous articles. Cheers =)
but it goes another pip up from that lil spike im out, will check back wen wake up..
