The S&P 500 index gained 0.59% on Tuesday, further extending the uptrend following last week’s release of the FOMC Statement release on Wednesday, which marked a pivot in the Fed’s monetary policy
The Aussie bounced up from two-week lows at 0.6520 on Thursday, favoured by a moderate US DOllar reversal although the negative risk sentiment is capping bulls at the upper range of 0.6500.
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