Japan Labor Cash Earnings (YoY) came in at 1%, below expectations (1.3%) in December

Feb 6, 2024

AUD/USD hits three-month low below 0.6500 ahead of RBA’s decision

The AUD/USD plunged to a three-month low due to hawkish comments from Federal Reserve Chair Jerome Powell and expectations of a dovish rate held by the Reserve Bank of Australia (RBA).

Japan Labor Cash Earnings (YoY) came in at 1%, below expectations (1.3%) in December

AUD/USD hits three-month low below 0.6500 ahead of RBA’s decision

Japan Overall Household Spending (YoY) came in at -2.5% below forecasts (-2.1%) in December