The Australian dollar has rebounded on Wednesday. In the European session, AUD/USD is trading at 0.6705, up 0.28%. Australian CPI eases to 4.3% Australia’s CPI for November rose 4.3% y/y, down considerably from 4.9% in October and just shy of the market estimate of 4.4%. This marked the lowest reading since January 2022. A key […]
As economic data continues to confirm that the inflation problem is more or less over, there is no longer a need for central banks to maintain restrictive levels of interest rates. Hence, this has been a week of rate cuts, and we expect next week to be the same – with some important nuances and […]
The post Weekly Focus – The Season for Rate Cuts appeared first on Action Forex.
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