FXstreet.com (Buenos Aires) – AUD/USD resumed downtrend and is back testing daily lows barely above… For more information, read our latest forex news.
Last week, the Fed raised the discount rate by 25 basis points, to .75%. Investors have consistently focused the brunt of their collective monetary attention on the Federal Funds Rate, and the markets (forex included) barely registered a response to the move. Regardless of whether apathy in this particular context was justified, investors who turn [...]