EUR/USD hovers around 1.0700, eyes on US first-quarter GDP data on Nostr: Australian Dollar under pressure amid risk-off sentiment ahead of Fed decision ...
Australian Dollar under pressure amid risk-off sentiment ahead of Fed decision
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#acbb1c95 ver:0.67
The Australian Dollar (AUD) is facing pressure amid risk-off sentiment ahead of the Federal Reserve's decision. The AUD/USD pair rose to 0.6585 as the US dollar retreated, but weaker domestic data and dashed hopes for an RBA rate hike have weakened the AUD. Mixed Chinese data and a pickup in USD demand have also contributed to the AUD's decline. The release of US labor market data and the Fed's rate decision will impact the AUD/USD pair. Technical indicators suggest a potential further weakening of the AUD. #AUD #USD #Fed #RBA...
#newstr #Aud/usd #UsLaborMarket #Fomc #InterestRates #EconomicOutlook
https://here.news/story/acbb1c95?ver=0.67
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#acbb1c95 ver:0.67
The Australian Dollar (AUD) is facing pressure amid risk-off sentiment ahead of the Federal Reserve's decision. The AUD/USD pair rose to 0.6585 as the US dollar retreated, but weaker domestic data and dashed hopes for an RBA rate hike have weakened the AUD. Mixed Chinese data and a pickup in USD demand have also contributed to the AUD's decline. The release of US labor market data and the Fed's rate decision will impact the AUD/USD pair. Technical indicators suggest a potential further weakening of the AUD. #AUD #USD #Fed #RBA...
#newstr #Aud/usd #UsLaborMarket #Fomc #InterestRates #EconomicOutlook
https://here.news/story/acbb1c95?ver=0.67