“AUD/USD Validates Risk Status at 0.6670 as Recession Fears Rise: Will US NFP Respond?”
AUD/USD remains under pressure after a three-day losing streak, with eyes on reversing previous weekly gains. The downbeat US data, disappointing Fed research renewing recession woes have kept the AUD/USD depressed. The RBA’s pause to the rate hike trajectory is also attracting Aussie pair sellers, even as Governor Lowe and mixed data prod bears. US […]