Data on Thursday showed the core PCE price index increased by 0.3%. US initial jobless claims fell to 216,000, missing estimates of 229,000 claims. Economists are not expecting a rate cut in Australia until next year. The AUD/USD outlook shows a bearish sentiment as the dollar gains ground ahead of the crucial US nonfarm payrolls…
The post AUD/USD Outlook: Dollar Soars Ahead of US NFP appeared first on Forex Crunch.
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