The Australian dollar has been everywhere in the charts —and it’s only Tuesday!
In case you missed it, the commodity currency began the week by reacting to last week’s Fed rate cut. More recently, it’s getting a lift from the People’s Bank of China (PBOC) as they work to stimulate the world’s second-largest economy.
Meanwhile, the British pound has pulled back after weaker-than-expected September PMI reports took among the shine off last week’s “hawkish hold” from the Bank of England.
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