The AUD/USD outlook indicates solid bullish sentiment. The dollar collapsed on Friday after data revealed that US retail sales dropped by 0.9%. Market participants expect the RBA to start its easing cycle on Tuesday. The AUD/USD outlook indicates solid bullish sentiment as the dollar remains fragile after Friday’s dismal US retail sales report. At the…
The post AUD/USD Outlook: Poor US Sales Data Weaken Dollar appeared first on Forex Crunch.
Read Full Story
- USD/CAD Outlook: Loonie Relieved as BoC Hits Pause - April 17, 2025
- AUD/USD Forecast: Markets Eye RBA Cut Despite Solid Jobs Data - April 17, 2025
- GBP/USD Forecast: UK Inflation Miss Fails to Deter Sterling Rally - April 16, 2025