EUR/USD hovers around 1.0700, eyes on US first-quarter GDP data on Nostr: AUD/USD Surges Despite Lackluster GDP Figures =============== #acbb1c95 ver:0.94 ...
AUD/USD Surges Despite Lackluster GDP Figures
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#acbb1c95 ver:0.94
Despite lackluster GDP figures, the Australian Dollar (AUD) surged against the US Dollar (USD). Weak US data and expectations of a rate cut by the Federal Reserve (Fed) boosted the AUD. The Australian economy grew 0.1% in Q1, below expectations, but the near-term outlook for the AUD remains strong as investors hope for an interest rate hike by the Reserve Bank of Australia (RBA). The AUD/USD pair is showing mild bullish sentiment and may retest range resistance. #AUD #USD #GDP #Fed #RBA...
#newstr #Aud/usd #Gdp #Rba #UsEmploymentData #Forex
https://here.news/story/acbb1c95?ver=0.94
===============
#acbb1c95 ver:0.94
Despite lackluster GDP figures, the Australian Dollar (AUD) surged against the US Dollar (USD). Weak US data and expectations of a rate cut by the Federal Reserve (Fed) boosted the AUD. The Australian economy grew 0.1% in Q1, below expectations, but the near-term outlook for the AUD remains strong as investors hope for an interest rate hike by the Reserve Bank of Australia (RBA). The AUD/USD pair is showing mild bullish sentiment and may retest range resistance. #AUD #USD #GDP #Fed #RBA...
#newstr #Aud/usd #Gdp #Rba #UsEmploymentData #Forex
https://here.news/story/acbb1c95?ver=0.94