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AU employment data leaves no room for RBA easing: AUD/USD, AUD/CHF

Over the past few hours we have seen the Fed hint at multiple cuts this year, and Australian employment data outperform to send AUD/USD above 66c.

Currency exchange rate board of multiple currencies

Risk-off in stocks flows into safe haven currencies

The Swiss Franc and the Japanese Yen are considered safe haven currencies

December 1, 2021 06:41 PM
Close-up of market chart

Asian Open: Fed Chair Announcement Pushed Back

Whilst Joe Biden did not announce his decision for the Fed Chair “within four days”, a Whitehouse spokesman says it will be announced before Thanksgiving on Thursday.

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