Aussie becomes black sheep on Forex. Forecast as of 26.06.2024

1 min read

If most central banks loosen their monetary policies and the RBA resumes the rate hike cycle, it will be the right time to buy AUDUSD, as divergence will do the trick. Let’s discuss this topic and make a trading plan.

Weekly Australian dollar fundamental forecast

Central banks have adopted a “hawkish cut” strategy, where rates are trimmed, accompanied by rhetoric to dissuade the market from expecting any more rate cuts soon. Regulators prefer to wait for evidence of progress in disinflation before taking the next steps. Compared to most developed economies, inflation in Australia is not slowing down as much… Read full author’s opinion and review in blog of #LiteFinance

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