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

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my AUD/USD price analysis forecast

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…

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Source: https://www.forexcrunch.com/blog/2023/11/29/aud-usd-price-analysis-bulls-hit-4-month-top-despite-low-cpi/

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