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AUD/USD Weekly Forecast: Upbeat US Data Capping Gains

AUD/USD Weekly Forecast: Upbeat US Data Capping Gains
Consumer confidence, GDP, and initial jobless claims indicated US economic strength. The FOMC meeting during the week led to a rate hike, supporting the dollar. The dollar reversed some gains on Friday when core PCE data pointed to further easing in inflation. The AUD/USD weekly forecast is bearish as dollar strength will likely continue amid … Continued The post AUD/USD Weekly Forecast: Upbeat US Data Capping Gains appeared first on Forex Crunch... Read More
Posted: Jul 29 2023, 13:28
Author Name: forexcrunch
Views: 110834

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