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AUD/USD Weekly Outlook: Powell Flags Two More Rate Hikes

AUD/USD Weekly Outlook: Powell Flags Two More Rate Hikes
The dollar mainly rose due to hawkish remarks from Fed Chair Jerome Powell. Powell indicated that additional rate hikes might be necessary to control inflation. A series of global rate hikes spooked investors, leading to a scramble for safety in the dollar. The AUD/USD weekly outlook is bearish as the dollar will keep rising on … Continued The post AUD/USD Weekly Outlook: Powell Flags Two More Rate Hikes appeared first on Forex Crunch... Read More
Posted: Jun 24 2023, 14:34
Author Name: forexcrunch
Views: 102043

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