The Reserve Bank of Australia has been increasing its interest rate too slowly. Inflation remains stubborn and does not slow down. It may be necessary to tighten the monetary policy again. Let’s discuss this topic and make a trading plan for AUDUSD.
Weekly Australian dollar fundamental forecast
During the recent weeks, it was recommended to buy the Australian dollar. However, the AUDUSD pair is trapped in a narrow trading range of 0.662-0.669. The aussie still has some trump cards, and bulls are waiting for the Fed to finally start hinting at a rate cut. The signal of a rapid rally… Read full author’s opinion and review in blog of #LiteFinance
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