Australian Dollar Outlook: Jobs Data and US CPI in Focus
The Australian Dollar (AUD/USD) is preparing for significant market events this week. Key domestic data concerning economics, sentiment, and wages will be of particular interest to traders.
Moreover, US inflation and retail sales figures could play a pivotal role in shaping the US Dollar’s trajectory. The interplay of these factors will likely determine whether AUD will gain strength or face downward pressure.
Market analysts anticipate a volatile week ahead. Awareness of both domestic and international economic indicators will be crucial for traders navigating potential shifts.