AUD to USD Weekly Forecast: RBA’s Tough Choices with CPI and Fed’s Influence
==========
The article discusses the weekly forecast for the AUD to USD exchange rate, focusing on the Reserve Bank of Australia's (RBA) tough choices with CPI and the influence of the Federal Reserve (Fed). On June 26, the Australian Monthly CPI Indicator could pressure the RBA towards an unwanted rate hike. Australian consumer confidence and inflation expectation numbers also warrant investor attention. The crucial US Personal Income and Outlays Report and Fed speeches will also require investor consideration. The article provides an overview of the AUD/USD performance in the previous week and highlights the upcoming key events and data releases that could impact the exchange rate. It mentions the Australian CPI Monthly Indicator, which could pressure the RBA into an August interest rate hike. The article also discusses the US Consumer Confidence and Personal Income and Outlays Report, which are pivotal for the Fed's rate path. It mentions the importance of FOMC member speeches and provides a short-term forecast for the AUD/USD exchange rate. The article is published on FXEmpire.
#Aud/usd #Rba #Cpi #Fed #ExchangeRate #Forecast
https://www.fxempire.com/forecasts/article/aud-to-usd-weekly-forecast-rbas-tough-choices-with-cpi-and-feds-influence-1440539
FX Empire /
npub1lj…9zjdc
2024-06-23 05:12:36
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wss://relay.damus.ioPublished at
2024-06-23 05:12:36Event JSON
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"content": "AUD to USD Weekly Forecast: RBA’s Tough Choices with CPI and Fed’s Influence\n==========\n\nThe article discusses the weekly forecast for the AUD to USD exchange rate, focusing on the Reserve Bank of Australia's (RBA) tough choices with CPI and the influence of the Federal Reserve (Fed). On June 26, the Australian Monthly CPI Indicator could pressure the RBA towards an unwanted rate hike. Australian consumer confidence and inflation expectation numbers also warrant investor attention. The crucial US Personal Income and Outlays Report and Fed speeches will also require investor consideration. The article provides an overview of the AUD/USD performance in the previous week and highlights the upcoming key events and data releases that could impact the exchange rate. It mentions the Australian CPI Monthly Indicator, which could pressure the RBA into an August interest rate hike. The article also discusses the US Consumer Confidence and Personal Income and Outlays Report, which are pivotal for the Fed's rate path. It mentions the importance of FOMC member speeches and provides a short-term forecast for the AUD/USD exchange rate. The article is published on FXEmpire.\n\n#Aud/usd #Rba #Cpi #Fed #ExchangeRate #Forecast\n\nhttps://www.fxempire.com/forecasts/article/aud-to-usd-weekly-forecast-rbas-tough-choices-with-cpi-and-feds-influence-1440539",
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