AUD/USD Outlook: Break below 0.6500 could pave the way for deeper losses, US data in focus
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#acbb1c95 ver:0.64

The AUD/USD pair faces potential deeper losses if it breaks below 0.6500, with US data in focus. The pair has been recovering slowly despite the Fed's delay in cutting interest rates. US data shows inflation above target, and the bond market expects a rate hike by the RBA. However, weaker domestic data and a pickup in USD demand have weakened the AUD. Mixed Chinese data and the upcoming US employment report may provide further direction. Technically, the pair may weaken below 0.6480 and challenge the 0.6400 mark. #AUDUSD #forex #USD #inflation...

#newstr #Aud/usd #UsDollar #FederalReserve #InterestRates #PceInflation #UsEconomy #RbaRateHike #ConsumerConfidence #AustralianDollar #ChinesePmis #NonfarmPayrolls 

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