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https://www.wsj.com/finance/investing/aud-usd-downtrend-likely-to-search for-it-dip-below-0-6400-be4ee01
Updated Aug. 22, 2023 12:01 pm ET
1511 GMT – The dollar might also merely peaceful stay supported in the quick term as lengthy as solid U.S. economic recordsdata proceed away originate the replace of one more fee elevate by the U.S. Federal Reserve, says Niels Christensen, chief analyst at Nordea. “Now we hang a transient minute bias for a stronger dollar… on the least until we rating to the level where we are announcing there will be no more fee hikes from the Fed.” It’ll be sure by U.S. inflation and jobs recordsdata, however might also advance between November and December, Christensen says. (jessica.fleetham@wsj.com)
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