Aussie to post more gains. Forecast as of 28.05.2024

1 min read

With inflation slowing and the Australian economy cooling, the RBA may be forced to start cutting rates. However, it remains to be seen how events will unfold. AUDUSD has plenty of bullish factors to take advantage of. Let’s talk about this and make a trading plan for AUDUSD.

Monthly Australian dollar fundamental forecast

While skeptics say the Australian dollar is too weak and unlikely to reach its post-pandemic high of $0.69 due to a weak Chinese economy and the RBA’s fear of raising interest rates, AUDUSD continues to move steadily higher. The aussie has caught a tailwind and is ready… Read full author’s opinion and review in blog of #LiteFinance

You May Also Like

More From Author

+ There are no comments

Add yours