EUR/USD Rises as Mixed US Data Underwhelms on Nostr: Australian Dollar Continues to Rise as Yields Swing in its Favor =============== ...

Australian Dollar Continues to Rise as Yields Swing in its Favor
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#5acfe72f ver:0.66

The Australian Dollar (AUD) continues to rise as yields swing in its favor, supported by positive economic data and a weaker US Dollar (USD). Traders are looking for further direction from upcoming US economic indicators. The AUD/USD and EUR/USD outlook remains bullish, with the AUD/USD at its highest levels for the year. Key events and economic indicators next week could impact the direction of the Australian dollar. The AUD/USD forecast is positive, with extra gains likely in the near term. The AUD held its ground against the USD, despite weaker-than-expected trade surplus figures. The RBA is considering delaying rate cuts due to high inflation. The AUD is near six-month highs and the next major target is a peak from December last year. #AUD #USD #economy #forex...

#newstr #Aud/usd #UsDollar #UsTreasuryYields #Rba #Inflation #UsJobsData #FederalReserve #RateCuts #EconomicData

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