Aud/usd Aims To Recapture 0.6800 As Cooling US Inflation Amplifies Fed Rate-Cut Bets
July 12, 2024 at 10:21 AM EDT
AUD/USD remains firm as the US Dollar weakens due to easing price pressures. Soft US inflation data for June boosts Fed rate-cut prospects. The Australian Dollar will dance to the tunes of the outcome of China’s third plenum meeting.
