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EUR/USD hovers around 1.0700, eyes on US first-quarter GDP data /
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2024-06-10 03:00:39

EUR/USD hovers around 1.0700, eyes on US first-quarter GDP data on Nostr: US Dollar Strengthens on Expected Delay in Fed Cuts, Australian Dollar Remains Steady ...

US Dollar Strengthens on Expected Delay in Fed Cuts, Australian Dollar Remains Steady
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#acbb1c95 ver:0.98

The US Dollar strengthens as expectations for Fed rate cuts are delayed, while the Australian Dollar remains steady. Traders are cautious ahead of a speech by RBA Deputy Governor Hauser on Australia's economic outlook. The AUD may limit downside due to hawkish sentiment from the RBA. US Dollar gains from strong employment data, causing traders to delay rate cut expectations. The AUD/USD pair may experience volatility depending on the tone of Hauser's speech. #USD #AUD #Fed #RBA...

#newstr #AustralianDollar #UsDollar #FederalReserve #ReserveBankOfAustralia #UsEmploymentData #UsTreasuryYields #ConsumerPriceIndex #UsNonfarmPayrolls #AverageHourlyEarnings #TradeSurplus #TradeBalance #InitialJoblessClaims #InterestRates #IronOre #ChineseEconomy #Inflation #GrowthRate

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