AUD/USD Weekly Outlook: Powell Flags Two More Rate Hikes

<p>The dollar mainly rose due to hawkish remarks from Fed Chair Jerome Powell. Powell indicated that additional rate hikes might be necessary to control inflation. A series of global rate hikes spooked investors, leading to a scramble for safety in the dollar. The AUD/USD weekly outlook is bearish as the dollar will keep rising on … <a href="https://www.forexcrunch.com/aud-usd-weekly-outlook-powell-flags-two-more-rate-hikes/">Continued</a></p>
<p>The post <a rel="nofollow" href="https://www.forexcrunch.com/aud-usd-weekly-outlook-powell-flags-two-more-rate-hikes/">AUD/USD Weekly Outlook: Powell Flags Two More Rate Hikes</a> appeared first on <a rel="nofollow" href="https://www.forexcrunch.com">Forex Crunch</a>.</p>

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