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AUD/USD Forecast: Aussie Defies Downbeat Inflation Report

by Forex Crunch
November 27, 2024
in Forex Analysis
Reading Time: 1 min read

Australian inflation rose by 2.1% in October, below estimates of 2.3%. The likelihood of an RBA rate cut in December remained low at 14%. All eyes are on the upcoming US GDP and inflation figures. The AUD/USD forecast shows a resilient Aussie despite downbeat Australian inflation data. Meanwhile, the greenback eased slightly as markets awaited…
The post AUD/USD Forecast: Aussie Defies Downbeat Inflation Report appeared first on Forex Crunch.
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