AUD/USD Price Analysis: Aussie Rallies on Strong Wage Data

The AUD/USD price analysis indicates solid wage growth in Australia. Market participants are still pricing an RBA rate cut in May. The US CPI increased by 0.2% in April, compared to forecasts of 0.3%. The AUD/USD price analysis indicates solid wage growth in Australia that is propelling the Australian dollar higher. At the same time,... The post AUD/USD Price Analysis: Aussie Rallies on Strong Wage Data appeared first on Forex Crunch.

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