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Aussie Slips to 2024 Lows on Geopolitics

28

It was another rough week for the Aussie, pressured by strong US data, more hawkish Fedspeak and escalating Mideast geopolitical risks. US data continued to impress with March retail sales (ex-autos and gas) rising 1.0%, materially stronger than expectations for a 0.3% gain. That, and more reserved Fedspeak around rate cut prospects, stressing patience, saw […]

The post Aussie Slips to 2024 Lows on Geopolitics appeared first on Action Forex.

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