AUD/USD Forecast: Dollar Dips as CPI Misses Forecast

my AUD/USD price analysis forecast

US consumer prices rose by 0.3% in April, a decline from the previous month’s 0.4% increase. US retail sales fell to 0.0% from 0.7% the previous month. Australia’s wage growth surprisingly slowed from 15-year highs in Q1. The AUD/USD forecast shows a surge in bullish sentiment as the dollar plunges after a downbeat consumer inflation…

The post AUD/USD Forecast: Dollar Dips as CPI Misses Forecast appeared first on Forex Crunch.

Source: https://www.forexcrunch.com/blog/2024/05/15/aud-usd-forecast-dollar-dips-as-cpi-misses-forecast/

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