AUD Price Forecast: Aussie Dollar Remains Vulnerable

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AUD Price Forecast: Aussie Dollar Remains Vulnerable
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AUD prices failed to extend its recent rally as the USD garners favor from risk off sentiment as well as some core inflation persistence.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.Wall Street IG Client Sentiment: Our data shows traders are now net-short Wall Street for the first time since Sep 21, 2023 when Wall Street traded near 34,068.90.Elevate your trading skills and gain a competitive edge.

Weak Chinese data this morning has limited Aussie upside via the CPI report highlighting the nation’s economy I still struggling despiteWant to stay updated with the most relevant trading information? Sign up for our bi-weekly newsletter and keep abreast of the latest market moving events!above shows the pair unable to move out of the current downtrend and could expose the November 2022 swing low atand beyond.

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