AUD/USD Weekly Forecast: Upbeat US Data Capping Gains

<p>Consumer confidence, GDP, and initial jobless claims indicated US economic strength. The FOMC meeting during the week led to a rate hike, supporting the dollar. The dollar reversed some gains on Friday when core PCE data pointed to further easing in inflation. The AUD/USD weekly forecast is bearish as dollar strength will likely continue amid … <a href="https://www.forexcrunch.com/aud-usd-weekly-forecast-upbeat-us-data-capping-gains/">Continued</a></p>
<p>The post <a rel="nofollow" href="https://www.forexcrunch.com/aud-usd-weekly-forecast-upbeat-us-data-capping-gains/">AUD/USD Weekly Forecast: Upbeat US Data Capping Gains</a> appeared first on <a rel="nofollow" href="https://www.forexcrunch.com">Forex Crunch</a>.</p>

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