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AUD/USD Outlook: Economists Point to 25bps RBA Rate Hike

AUD/USD Outlook: Economists Point to 25bps RBA Rate Hike
The Reserve Bank of Australia will likely lift its interest rate by 25 basis points. The latest monthly consumer price index revealed a slowdown in Australia’s inflation to 5.6%. Data revealed an unexpected decline in new claims for unemployment benefits in the US. Today’s AUD/USD outlook is slightly bullish. On Tuesday, the RBA will likely … Continued The post AUD/USD Outlook: Economists Point to 25bps RBA Rate Hike appeared first on Forex Crunch... Read More
Posted: Jun 30 2023, 08:34
Author Name: forexcrunch
Views: 112697

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