AUD/USD Price Forecast: Bears await Fed Chair Powell’s speech after the post-GDP slump – FXStreet
The AUD/USD price forecast is currently in a bearish trend following a slump after GDP data was released. Traders are now waiting for Federal Reserve Chair Jerome Powell’s upcoming speech, which could have a significant impact on the market. The pair is likely to be influenced by Powell’s comments and any signals he gives about future monetary policy. Investors are advised to closely monitor the situation and adjust their trading strategies accordingly.