Source: Action Forex News Agency
4 weeks ago•
Forex Medium Importance
EUR/AUD: A Hawkish Euro Meets a Stubborn Downtrend

EUR/AUD: A Hawkish Euro Meets a Stubborn Downtrend

The euro is riding genuine hawkish momentum right now. It's holding above $1.165 against the dollar, its strongest level since mid-May, with markets fully pricing in an ECB hike in September following June's initial tightening move.
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Source: Action Forex
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