The Australian dollar held up despite the RBA's aggressive 100bp cut - why? US dollar faces ISM services on Wednesday, while the RBNZ is forecasted to slash rates by 150bps...
Stories to watch on DailyFX
· The Federal Reserve doesn't have much room to cut rates further - will they resort to quantitative easing?
· Renewed liquidity and volatility redefine trading opportunities in the FX market. What pairs are the DailyFX Analsyts looking at?
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