EUR/USD hovers around 1.0700, eyes on US first-quarter GDP data on Nostr: AUD/USD Falls After US GDP Data Reveals Persistent Price Pressures =============== ...
AUD/USD Falls After US GDP Data Reveals Persistent Price Pressures
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#acbb1c95 ver:0.6
#AUDUSD falls below 0.6500 as US GDP data reveals persistent price pressures, indicating higher inflation. Fed expected to keep interest rates higher for longer, positive for USD and negative for AUD/USD. Probability of first rate cut now at 58.2% in Sep 2024. RBA less likely to cut rates in near-term due to strong CPI data. Near-term trends hinge on retail sales figures and US labor market data. #forex #inflation #interestrates...
#newstr #Aud/usd #UsGdpData #InterestRates #RbaRatePath #RetailSalesData
https://here.news/story/acbb1c95?ver=0.6
===============
#acbb1c95 ver:0.6
#AUDUSD falls below 0.6500 as US GDP data reveals persistent price pressures, indicating higher inflation. Fed expected to keep interest rates higher for longer, positive for USD and negative for AUD/USD. Probability of first rate cut now at 58.2% in Sep 2024. RBA less likely to cut rates in near-term due to strong CPI data. Near-term trends hinge on retail sales figures and US labor market data. #forex #inflation #interestrates...
#newstr #Aud/usd #UsGdpData #InterestRates #RbaRatePath #RetailSalesData
https://here.news/story/acbb1c95?ver=0.6