Tag: Monetary policy decisions
Australian Dollar Strengthens as RBA’s Dovish Stance Caps Gains
The Australian Dollar has shown signs of recovery against the US Dollar after disappointing US jobs data caused a sharp drop in the USD. However, the economic weaknesses in Australia and the increasing expectations...
Bank of England Cuts Rates Alongside Central Banks – Action Forex
The Bank of England (BoE) recently announced a 25 bps policy rate cut to 5.00%, aligning with other G10 central banks that have eased monetary policy. The decision was made with a split 5-4...