AUD/USD Rally as FOMC likely dovish, Cheap money coming for US Economy

The US dollar weakens on expectations the Fed will keep the cheap money coming to support the US economy. The WSJ Dollar Index falls 0.6% to levels not seen since mid 2019, and US currency weakens 0.8% against the euro and 0.5% against the yen. “The combination of falling real rates and rising risk assets […]