EUR/USD hovers around 1.0700, eyes on US first-quarter GDP data on Nostr: AUD/USD Outlook: Break below 0.6500 could pave the way for deeper losses, US data in ...
AUD/USD Outlook: Break below 0.6500 could pave the way for deeper losses, US data in focus
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#acbb1c95 ver:0.65
The AUD/USD pair faces potential deeper losses if it breaks below 0.6500, with US data in focus. The pair has been slowly recovering despite the Fed's delay in cutting interest rates. US data shows inflation above target, while the RBA is expected to hike rates by December. The AUD weakened due to weak domestic data and a pickup in USD demand. Technical analysis suggests further weakening below 0.6480 support. Key US economic data will be released this week. #AUDUSD #forex #USD #inflation...
#newstr #Aud/usd #UsDollar #FederalReserve #InterestRates #PceInflation #UsEconomy #RbaRateHike #ConsumerConfidence #AustralianDollar #ChinesePmis #NonfarmPayrolls
https://here.news/story/acbb1c95?ver=0.65
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#acbb1c95 ver:0.65
The AUD/USD pair faces potential deeper losses if it breaks below 0.6500, with US data in focus. The pair has been slowly recovering despite the Fed's delay in cutting interest rates. US data shows inflation above target, while the RBA is expected to hike rates by December. The AUD weakened due to weak domestic data and a pickup in USD demand. Technical analysis suggests further weakening below 0.6480 support. Key US economic data will be released this week. #AUDUSD #forex #USD #inflation...
#newstr #Aud/usd #UsDollar #FederalReserve #InterestRates #PceInflation #UsEconomy #RbaRateHike #ConsumerConfidence #AustralianDollar #ChinesePmis #NonfarmPayrolls
https://here.news/story/acbb1c95?ver=0.65