Today's trade: AUDUSD higher, ASX200 stronger, FOMC will not move in April
Today's trade: AUDUSD higher, ASX200 stronger, FOMC will not move in April - - Saxo Capital Markets Asia Macro Strategist Kay Van-Petersen says that the only thing that seems certain from the FOMC statement is that they will not move in April, predicting the short-squeeze in the US dollar will be short lived. Meanwhile shares in ASX-listed oil explorers are in the spotlight following the crude oil price rebound driven by the weaker US dollar. For more local markets insights from Saxo Capital Markets Australia and Kay Van-Petersen, visit: (VIEW LINK)
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