Western Union:
The Aussie dollar bounced above month and a half lows after Australia's Reserve Bank left its main interest rate at a record low of 2.0% and stopped short of maintaining a lower rate bias. The notion that rates have bottomed Down Under buoyed the Aussie.
Markets, though, still see an elevated chance of another rate cut before year-end with leading trade partner China at risk of slowing further.


FxWirePro: Daily Commodity Tracker - 21st March, 2022 



