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AUD/USD Forecast: Aussie Jumps as Jobs Data Surprises

by Forex Crunch
December 12, 2024
in Forex Analysis
Reading Time: 1 min read

Data on Thursday revealed that job growth in Australia surged in November. Markets slashed bets for a February RBA rate cut from 68% to 55%. The US CPI increased by 0.3% in November and 2.7% annually, as expected.  The AUD/USD forecast made a sharp bullish turn on Thursday after a surprise jump in Australia’s employment….
The post AUD/USD Forecast: Aussie Jumps as Jobs Data Surprises appeared first on Forex Crunch.
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