AUD/USD Outlook: Dollar on the Front Foot Ahead of the US CPI

<div><img width="1024" height="531" src="https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min-1024×531.png" class="type:primaryImage wp-post-image" alt="my AUD/USD price analysis forecast" style="margin-bottom: 15px;" decoding="async" srcset="https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min-1024×531.png 1024w, https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min-300×156.png 300w, https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min-150×78.png 150w, https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min.png 1486w" sizes="(max-width: 1024px) 100vw, 1024px" /></div>
<p>US consumers’ short-term inflation projections reached the lowest level in almost three years in December. Australia’s November retail sales experienced the most significant surge in two years. Swaps indicated that the RBA’s tightening campaign is likely over. On Tuesday, the AUD/USD outlook took a bearish turn, influenced by a strengthening dollar as investors strategically positioned…</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2024/01/09/aud-usd-outlook-dollar-on-the-front-foot-ahead-of-the-us-cpi/">AUD/USD Outlook: Dollar on the Front Foot Ahead of the US CPI</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *