US unemployment claims fell more than expected. Business activity in the US manufacturing and services sectors improved. Market participants will pay attention to Australia’s inflation data. The AUD/USD weekly forecast indicates continued resilience in the US economy, keeping the dollar firm against the Australian dollar. Ups and downs of AUD/USD The AUD/USD pair ended the...
Data on Friday showed that Tokyo’s inflation eased below 2%. Market participants are watching the upcoming election in Japan. Economic data showed a surge in US business activity. The USD/JPY price analysis shows a dim outlook for Bank of Japan rate hikes after Tokyo’s inflation eased below the 2% target. As a result, the yen...
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