The AUD/USD forecast shows a resilient labor market in Australia. Traders are almost fully pricing a 25-bps RBA rate cut in May. Powell maintained his cautious tone, stating there was no hurry to lower borrowing costs. The AUD/USD forecast shows a resilient labor market in Australia. However, market participants are still pricing an RBA rate…
The post AUD/USD Forecast: Markets Eye RBA Cut Despite Solid Jobs Data appeared first on Forex Crunch.
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