AUD/USD Weekly Forecast: Bears Takeover, Focus on US CPI
US job vacancies dropped, and private firms employed fewer people in May. The US services sector remained robust despite high borrowing costs. The nonfarm payrolls showed stronger-than-expected performance in the labor market. The AUD/USD weekly forecast is bearish as an upbeat US employment report raises uncertainty about the outlook for Fed rate cuts. Ups and... The post AUD/USD Weekly Forecast: Bears Takeover, Focus on US CPI appeared first on Forex Crunch.
US job vacancies dropped, and private firms employed fewer people in May. The US services sector remained robust despite high borrowing costs. The nonfarm payrolls showed stronger-than-expected performance in the labor market. The AUD/USD weekly forecast is bearish as an upbeat US employment report raises uncertainty about the outlook for Fed rate cuts. Ups and...
The post AUD/USD Weekly Forecast: Bears Takeover, Focus on US CPI appeared first on Forex Crunch.
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