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Surprise RBA hike lifts aussie but Fed pause bets weigh on dollar

Aussie jumps after RBA’s shock hike, loonie buoyed ahead of BoC decision. US dollar on the backfoot after disappointing ISM services PMI. Oil and stocks struggle amid economic and rate path uncertainty.Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.Please consider our Risk Disclosure: https://www.xm.com/goto/risk/enRisk warning is correct at the time of publication and may change. Please check our Risk Disclosure for ...

Broadcast on:
06 Jun 2023

Aussie jumps after RBA’s shock hike, loonie buoyed ahead of BoC decision. US dollar on the backfoot after disappointing ISM services PMI. Oil and stocks struggle amid economic and rate path uncertainty.

Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.

Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en

Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warning

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