AUD/USD soars as Fed cuts rates by 50 bps
FXStreetThe AUD/USD pair surged towards the 0.6800 level following the Federal Reserve’s unexpected decision to cut interest rates by 50 basis points, surpassing the anticipated 25 basis points reduction.
The AUD/USD pair surged towards the 0.6800 level following the Federal Reserve’s unexpected decision to cut interest rates by 50 basis points, surpassing the anticipated 25 basis points reduction.