USD Recovery: The US Dollar saw a slight recovery following Trump's announcement of a deal framework for Greenland and a halt on tariffs, with market focus shifting to US data and the Fed's interest rate path for 2026, as recent labor market data has shown improvement.
AUD Jobs Report: Australia reported a significant drop in the unemployment rate to 4.1%, leading to increased market expectations for a rate hike at the upcoming RBA meeting, with the central bank's hawkish stance following recent inflation reports.
AUDUSD Technical Analysis: The AUDUSD pair extended its rally to new highs, with potential targets near the 0.69 level, while buyers may lean on an upward trendline for support, and sellers will look for a break lower to target the 0.6660 level.
Upcoming Economic Data: Key economic indicators are on the horizon, including the latest US Jobless Claims figures and the US Flash PMIs, which could influence market movements and expectations for interest rate adjustments.
Wall Street analysts forecast USD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for USD is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast USD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for USD is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
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0 Sell
Current: 56.380
Low
Averages
High
Current: 56.380
Low
Averages
High
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
