The outcome of the RBA and FOMC this week should provide clues as to the next direction for AUD/USD. Last week’s Q1 inflation reading for Australia came in higher than expected. The RBA’s preferred measure of inflation is the Trimmed Mean CPI, which came out at 3.7% vs 3.4% expected and 2.6% in Q4 2021. […]
The post Currency Pair of the Week: AUD/USD appeared first on Action Forex.
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