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AUD/USD Forecast: RBA to Hike 25 bps Despite Easing Inflation

AUD/USD Forecast: RBA to Hike 25 bps Despite Easing Inflation
The annual increase in the CPI for October was 6.9%, down from 7.3% in September. The RBA expected inflation for consumer goods to peak at around 8% this quarter. Markets are still betting the RBA will increase the cash rate by 25 basis points. Today’s AUD/USD forecast is bearish. October saw a slowdown in Australian … Continued The post AUD/USD Forecast: RBA to Hike 25 bps Despite Easing Inflation appeared first on Forex Crunch... Read More
Posted: Nov 30 2022, 07:25
Author Name: forexcrunch
Views: 111537

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