AUD/USD Outlook: Downside Bias Intact Ahead Of US CPI
September 10, 2024 at 10:58 AM EDT
The AUD/USD pair has slipped to new lows since Friday. The likelihood of a 50 bps September Fed rate cut has fallen from around 50% to 30%. Business conditions in Australia fell by 3 points to +3, a two-and-a-half-year low.
