AUD/USD Forecast: Markets Reflect on Powell’s Cautious Remarks
Powell affirmed that US monetary policy was slowing the economy as anticipated. There is a 60% likelihood of a Fed...
Read morePowell affirmed that US monetary policy was slowing the economy as anticipated. There is a 60% likelihood of a Fed...
Read moreThe current sideways movement is seen as a bullish formation. The upper median line (uml) stands as an important upside...
Read moreData revealed moderate growth in US consumer spending for October. Investors are awaiting comments from Fed Chair Jerome Powell later...
Read moreUS consumer spending moderately increased in October. The US PCE price index in October showed a slower 3% rise from...
Read moreThe dollar rebounded from a three-month low. Data indicating faster-than-expected growth in the US economy. The BoC revealed skepticism about...
Read moreUS gross domestic product expanded at a 5.2% annualized rate in the last quarter. There is an increased likelihood of...
Read moreThe bias remains bullish as long as it stays above the R2. Taking out the static support opens the door...
Read moreThe GBP/USD pair maintains a bullish bias as long as it stays above the median line. It could only test...
Read moreFed’s Waller suggested the possibility of a rate cut in the coming months. The dollar dropped over 0.5% to 146.675...
Read moreThere was a drop in Australia’s inflation in October. The Aussie benefited from a weakening greenback. Financial markets anticipate the...
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