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EUR/USD hovers around 1.0700, eyes on US first-quarter GDP data /
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2024-05-10 03:02:50

EUR/USD hovers around 1.0700, eyes on US first-quarter GDP data on Nostr: Australian Dollar Retreats as US Dollar Corrects Higher =============== #acbb1c95 ...

Australian Dollar Retreats as US Dollar Corrects Higher
===============
#acbb1c95 ver:0.75

The Australian Dollar retreats as the US Dollar corrects higher, following a rally driven by weak US jobless claims. The decline in the Aussie Dollar is offset by higher-than-expected inflation data. The US Dollar attempts to rebound, but declining Treasury yields may pressure it. The Commonwealth Bank of Australia revises down its AUD forecast. Chinese imports and exports exceed expectations. Australian retail sales decline. RBA Governor emphasizes inflation risks. AUD/USD consolidates within a bullish symmetrical triangle pattern. #Forex #AUDUSD #Inflation #Economy...

#newstr #AustralianDollar #UsDollar #ReserveBankOfAustralia #FederalReserve #Inflation #InterestRates #Unemployment #Imports #Exports #RetailSales

https://here.news/story/acbb1c95?ver=0.75
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