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AUD/USD Outlook: RBA Delivers 25bps Hike, Flags More to Come

AUD/USD Outlook: RBA Delivers 25bps Hike, Flags More to Come
Tuesday saw a 25 basis point increase in Australia’s cash rate. The RBA has raised rates by a sum of 325 basis points since May 2022. Australia’s core inflation increased to 6.9% from a year earlier in Q4. Today’s AUD/USD outlook is slightly bullish. Following the Reserve Bank of Australia’s (RBA) rate decision, the Australian … Continued The post AUD/USD Outlook: RBA Delivers 25bps Hike, Flags More to Come appeared first on Forex Crunch... Read More
Posted: Feb 7 2023, 07:54
Author Name: forexcrunch
Views: 102136

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