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2024-06-06 04:03:39

EUR/USD hovers around 1.0700, eyes on US first-quarter GDP data on Nostr: Australian Dollar Strengthens on Higher Trade Balance and Hawkish RBA Statement ...

Australian Dollar Strengthens on Higher Trade Balance and Hawkish RBA Statement
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#acbb1c95 ver:0.96

The Australian Dollar strengthened against the US Dollar as positive Trade Balance data and a hawkish RBA statement boosted the AUD. The widening Trade Balance suggests improved export performance, while the RBA indicated a potential interest rate increase. The US Dollar struggled due to mixed economic data and speculation of a Fed rate cut. Key US employment data releases are awaited. #AUD #USD #TradeBalance #RBA #interestrates #Fed...

#newstr #Aud/usd #TradeBalance #Rba #Usd #Fed

https://here.news/story/acbb1c95?ver=0.96
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