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AUD/USD Price Analysis: Surprising Inflation Bolsters Aussie
The Australian dollar reached a roughly two-week high after Australia’s inflation report. There is a 66% probability of a quarter-point increase to 4.35%. Business activity in the US improved significantly. After an unexpectedly robust inflation report, the AUD/USD price analysis took a bullish turn. The Australian dollar strengthened due to expectations of interest rate hikes.... The post AUD/USD Price Analysis: Surprising Inflation Bolsters Aussie appeared first on Forex Crunch...
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Posted: Oct 25 2023, 08:44
Author Name: forexcrunch
Views: 111076