USD Weakness: The US Dollar is weakening due to Trump's aggressive policies and concerns over de-dollarisation, with potential for a relief rally if tensions ease and economic data improves.
AUD Outlook: The Australian Dollar is influenced by the RBA's hawkish stance and upcoming employment reports, with market expectations for a possible rate hike in February and further tightening by year-end.
AUDUSD Technical Analysis: The AUDUSD pair has bounced from the 0.6665 support level, with potential for further gains if buyers step in, while sellers are looking for a break below this support to target lower levels.
Upcoming Events: Key events include Trump's speech at the World Economic Forum, the Fed's Cook hearing, and the release of Australian employment data and US Jobless Claims, which could impact market movements.
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
0 Hold
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.
