AUD/USD Price Analysis: Bulls Hit 4-Month Top Despite Low CPI

<div><img width="1024" height="531" src="https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min-1024×531.png" class="type:primaryImage wp-post-image" alt="my AUD/USD price analysis forecast" style="margin-bottom: 15px;" decoding="async" srcset="https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min-1024×531.png 1024w, https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min-300×156.png 300w, https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min-150×78.png 150w, https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min.png 1486w" sizes="(max-width: 1024px) 100vw, 1024px" /></div>
<p>There was a drop in Australia’s inflation in October. The Aussie benefited from a weakening greenback. Financial markets anticipate the RBA to maintain current rates in December. In Wednesday’s AUD/USD price analysis, we find the Australian dollar showcasing resilience, surging to a four-month high despite a recent dip in Australia’s inflation in October. This decline…</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2023/11/29/aud-usd-price-analysis-bulls-hit-4-month-top-despite-low-cpi/">AUD/USD Price Analysis: Bulls Hit 4-Month Top Despite Low CPI</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *