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AUD/USD Price Analysis: Risk Appetite Surges Post-Trump Win

by Forex Crunch
November 8, 2024
in Forex Analysis
Reading Time: 1 min read

The risk-sensitive Australian dollar soared after Trump won the US election. The US Central Bank lowered borrowing costs by 25-bps. Trump’s presidency will likely lead to higher inflation due to his policies. The AUD/USD price analysis shows increased bullish enthusiasm due to a surge in risk appetite after Trump’s win. However, the price eased by…
The post AUD/USD Price Analysis: Risk Appetite Surges Post-Trump Win appeared first on Forex Crunch.
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