AUD/USD Forecast: Soars as Strong CPI Dampens RBA Rate Cut Hopes

my AUD/USD price analysis forecast

The AUD/USD gained ground as the Australian CPI revealed stronger-than-expected data. The US dollar remains weak ahead of a potential 25-bps cut in today’s FOMC meeting. Traders look ahead to commentary from US FOMC members and the Federal funds rate for further policy cues.   The AUD/USD forecast remains bullish, hitting a 3-week top after the…

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