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AUD/USD Price Analysis: Investors Brace for Pivotal US CPI Data

by Forex Crunch
November 13, 2024
in Forex Analysis
Reading Time: 1 min read

Markets are bracing for the upcoming US consumer inflation data. Markets are pricing a 69% chance of a December Fed rate cut. Data from Australia showed strong consumer and business sentiment. The AUD/USD price analysis shows a pause as indecision reigns ahead of the US consumer inflation figures. Meanwhile, the Aussie steadied its recent decline…
The post AUD/USD Price Analysis: Investors Brace for Pivotal US CPI Data appeared first on Forex Crunch.
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