This morning, New Zealand’s labour market data was released, showing unfavourable results. The unemployment rate rose to 5.1% in Q4, the highest since Q3 2020, signalling economic slowdown and reinforcing expectations of a rate cut by the Reserve Bank of New Zealand at its meeting in late February. However, the weak labour market figures were […]
Fundamental Analysis U.S.: September CPI: Headline inflation eased to 2.4% y/y, aligning closer to the Fed’s target, though core CPI rose by 3.3% y/y, driven by housing and insurance. September Jobs: The U.S. added 254,000 jobs, surpassing expectations, which may prompt the Fed to maintain high rates short-term. Treasuries: 10-year yields rose to 4.24% this […]
The post Will AUDUSD Keep Falling? Key U.S. and Australia Economic Drivers to Watch appeared first on Action Forex.
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