AUD/USD FALLS AS US LABOR DATA, INFLATION FIGURES, AND TRUMP'S THREATS PRESSURE THE AUSSIE

Tina Collins

10 Jan 2025 — 1 min read

AUD/USD FALLS AS US LABOR DATA, INFLATION FIGURES, AND TRUMP'S THREATS PRESSURE THE AUSSIE

AUD/USD falls to 0.6215 on Wednesday due to US labor data and tariff threats

Initial Jobless Claims drop to 201,000, and ADP data shows 122,000 jobs added in December

CPI up slightly to 2.3% YoY, but trimmed CPI eases to 3.2%, reducing RBA hawkish expectations

US Federal Reserve officials show cautious optimism and flag risks from trade and immigration policy changes under Trump

Strong US economic data and dovish RBA tone put pressure on the Aussie dollar

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BITCOIN PRICE STALLS AT $100.6K AS TRUMP-LINKED TOKENS GAIN POPULARITY

GOLD POISED FOR THIRD WEEKLY GAIN ON FEDERAL RESERVE RATE CUT BETS

Surprise Fed Statements: March Could See Interest Rate Cut

LITECOIN PRICE PREDICTION: LTC WHALES DEMAND SURGES