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2024-04-29 05:03:41

EUR/USD hovers around 1.0700, eyes on US first-quarter GDP data on Nostr: AUD/USD and AUD/JPY React to RBA Rate Speculation and US GDP Data =============== ...

AUD/USD and AUD/JPY React to RBA Rate Speculation and US GDP Data
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#acbb1c95 ver:0.61

The AUD/USD pair fell below 0.6500 after US GDP data revealed persistent price pressures, increasing the likelihood of the Federal Reserve keeping interest rates higher for longer. The probability of a rate cut in September 2024 is now 58.2%. However, better-than-expected Australian CPI data suggests the Reserve Bank of Australia (RBA) may delay rate cuts. AUD/JPY continues to rise due to hawkish RBA sentiment and uncertainty surrounding the Bank of Japan's rate outlook. The AUD/JPY pair is currently hovering around 104.50, a level not seen since April 2013. #AUDUSD #AUDJPY #RBA #Fed #GDP...

#newstr #Aud/usd #Aud/jpy #Rba #UsGdpData #InterestRates #Inflation #Jpy #Boj #StockMarket

https://here.news/story/acbb1c95?ver=0.61
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