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EUR/USD hovers around 1.0700, eyes on US first-quarter GDP data /
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2024-05-07 03:06:55

EUR/USD hovers around 1.0700, eyes on US first-quarter GDP data on Nostr: Australian Dollar Appreciates Amid Hawkish RBA Ahead of Policy Decision ...

Australian Dollar Appreciates Amid Hawkish RBA Ahead of Policy Decision
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#acbb1c95 ver:0.73

The Australian Dollar (AUD) appreciates as the Reserve Bank of Australia (RBA) is expected to keep rates unchanged, while the US Dollar (USD) remains weak due to expectations of rate cuts by the Federal Reserve (Fed). The AUD/USD pair may continue rising, with the next target at 0.6700. Key factors driving the AUD include RBA interest rates, Chinese economy, Iron Ore prices, and Trade Balance. Trading forex carries risk. #AUD #RBA #USD #forex...

#newstr #Aud/usdExchangeRate #RbaDecision #UsEconomicData #AustralianDollar #ReserveBankOfAustralia #InterestRates #UsDollar #Inflation #FederalReserve #LaborData #PrivateSectorOutput #ExchangeRates

https://here.news/story/acbb1c95?ver=0.73
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