· The FOMC fails to suprise by leaving rates unchanged and keeping the rhetoric balance between upside risks to inflation and downside concerns for growth. · Despite its release during relatively inactive hours and no change to the benchmark rate, the RBA decision leads to a more than 150 point drop in AUDUSD.
Stories to watch on DailyFX
· Read up on the outcome of the FOMC rate decision in Antonio Sousa's wrap up. · What pairs are DailyFX analysts following? Keep track with our daily updated Analyst Picks. Send any comments or questions to jkicklighter@dailyfx.com.