AUD/USD Forecast: Markets Reflect on Powell’s Cautious Remarks

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<p>Powell affirmed that US monetary policy was slowing the economy as anticipated. There is a 60% likelihood of a Fed rate cut by March. The Reserve Bank of Australia will probably maintain its key interest rate at 4.35%. Monday’s AUD/USD forecast has a subtle bearish tone as the dollar tries to recover after declining due…</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2023/12/04/aud-usd-forecast-markets-reflect-on-powells-cautious-remarks/">AUD/USD Forecast: Markets Reflect on Powell’s Cautious Remarks</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>