Fed Keeps Rates Unchanged | AUD/USD Below Resistance

The Federal reserve kept interest rates unchanged on Wednesday and on the news the USD dropped against most major forex counterparts. The AUD/USD pair however pulled back immediately after the spike and started Thursday below the pivot level at 0.7440

Economic Calendar

Next up on the economic calendar,on Thursday first thing during the trading day we’ll have Australia’s Employment Change at 1:30 AM GMT followed by RBA Deputy Gov Lowe Speaks at 2:30 AM. BOJ Press Conference is scheduled tentatively during the Asian session and SNB Monetary Policy Assessment will be released 7:30 AM. The busy day continues with UK Retail Sales at 8:30 AM, their Official Bank Rate at 11 AM, US Core CPI at 12:30 PM and BOE Gov Carney Speaks at 8 PM GMT.

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Kiana Danial

#1 Best Selling Author. Helping you accelerate your retirement with Triple Compounding™ Former engineer on a mission to help 1 million households take control of their finances. Founder & CEO of Invest Diva.

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