Australia’s central bank kept rates unchanged, maintaining its cautious tone. Trump’s win was bullish for the dollar as his policies could increase inflation and interest rates. The US Central Bank lowered interest rates by 25-bps. The AUD/USD weekly forecast suggests expectations for higher US inflation that might keep the dollar strong. Meanwhile, Trump’s victory already...
The risk-sensitive Australian dollar soared after Trump won the US election. The US Central Bank lowered borrowing costs by 25-bps. Trump’s presidency will likely lead to higher inflation due to his policies. The AUD/USD price analysis shows increased bullish enthusiasm due to a surge in risk appetite after Trump’s win. However, the price eased by...
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