EUR/USD hovers around 1.0700, eyes on US first-quarter GDP data on Nostr: AUD/USD Continues to Rise as US Dollar Weakens =============== #acbb1c95 ver:0.63 The ...

AUD/USD Continues to Rise as US Dollar Weakens
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#acbb1c95 ver:0.63

The AUD/USD pair continues to rise as the US dollar weakens, reaching 0.6585. The slow recovery is driven by the expectation of a rate hike by the RBA due to high inflation. The pair is currently above moving averages and has strong momentum. Buyers are targeting the 0.6600 level. #AUDUSD #forex...

#newstr #Aud/usd #UsDollar #FederalReserve #InterestRates #PceInflation #UsEconomy #RbaRateHike #ConsumerConfidence

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