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AUD/USD Weekly Forecast: Fed’s 2025 Outlook Sparks Dollar

by Forex Crunch
December 21, 2024
in Forex Analysis
Reading Time: 1 min read

Business activity in the US rose, supported by the service sector. The economy expanded by 3.1% in the fourth quarter. The Fed cut rates but projected only 50 bps of cuts in 2025. The AUD/USD weekly forecast suggests renewed downward pressure as the dollar rallies on the outlook of fewer Fed rate cuts in 2025….
The post AUD/USD Weekly Forecast: Fed’s 2025 Outlook Sparks Dollar appeared first on Forex Crunch.
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