Will the Reserve Bank of Australia follow the path of its New Zealand counterpart? Will there be a dovish reversal? The markets do not believe in a dovish turn, but could the situation change? Let’s discuss this topic and make a trading plan for the AUDUSD pair.
Highlights and key points
Australia has been slower in raising rates than New Zealand.
Inflation expectations in Australia are unanchored. This factor makes it possible to count on a cash rate hike.
Strong employment and inflation will help the AUDUSD pair to soar to 0.69.
Weekly Australian dollar fundamental forecast
In the second… Read full author’s opinion and review in blog of #LiteFinance
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