Initially, the greenback rallied due to escalating Middle East tensions. Markets are pricing a higher 59% chance of a massive November Fed cut. All eyes are on the US core PCE price index, due on Friday. The AUD/USD outlook indicates increased bullish optimism as the dollar loses ground due to increased Fed rate cut expectations….
The post AUD/USD Outlook: Dollar Reverses on Dovish Fed Outlook appeared first on Forex Crunch.
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