AUD/USD Price Analysis: Picks up Amid China’s Economic Growth
China’s economy grew more than expected in the first quarter. Fed policymakers pushed back expectations for rate cuts. Powell noted that the US economy needs a restrictive policy for a bit longer. The AUD/USD price analysis reveals a subtle bullish tilt as the Aussie stages a comeback, propelled by encouraging economic data from China. Yet,... The post AUD/USD Price Analysis: Picks up Amid China’s Economic Growth appeared first on Forex Crunch.
China’s economy grew more than expected in the first quarter. Fed policymakers pushed back expectations for rate cuts. Powell noted that the US economy needs a restrictive policy for a bit longer. The AUD/USD price analysis reveals a subtle bullish tilt as the Aussie stages a comeback, propelled by encouraging economic data from China. Yet,...
The post AUD/USD Price Analysis: Picks up Amid China’s Economic Growth appeared first on Forex Crunch.
