AUD/USD Weekly Forecast: Dollar Strengthens on Upbeat NFP

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<p>The dollar strengthened due to upbeat employment data and reduced rate-cut bets. Analysts indicated that the jobs report means the Fed is unlikely to cut rates as soon as March. The Fed projected an approximately 75 basis points cut in rates for 2024. A surge in the dollar, fueled by an upbeat employment report, sets…</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2024/01/06/aud-usd-weekly-forecast-dollar-strengthens-on-upbeat-nfp/">AUD/USD Weekly Forecast: Dollar Strengthens on Upbeat NFP</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>