AUD/USD Outlook: Extends Recovery as Inflation Focus Shifts to Australia
The AUD/USD outlook stays mildly bullish as the dollar loses traction after improved risk sentiment. AFR survey reveals the odds of the RBA tightening, while the US Fed is expected to ease further. Technically, the price lacks follow-through momentum amid overbought conditions. After recording two straight sessions of gains, the Australian dollar continues its comeback…
The post AUD/USD Outlook: Extends Recovery as Inflation Focus Shifts to Australia appeared first on Forex Crunch.
