Forex Market Review (Asian Session) – Dollar weakens as Senate delays tax-cuts; aussie slips after RBA cuts inflation forecasts
US tax legislation was the main headline during today’s Asian session after the US Senate flagged a delay in corporate tax cuts on Thursday, pushing the dollar lower against its counterparts. Meanwhile, the aussie posted moderate losses after the RBA downgraded its forecasts on inflation. While the US President continues his trip in Asia, his team back in the US faces […]