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AUD/USD Outlook: RBA Hikes Modestly Amid Falling House Prices

AUD/USD Outlook: RBA Hikes Modestly Amid Falling House Prices
The RBA decided on a smaller hike this month due to falling house prices. Banks believe that falling home prices in Australia will hurt consumer spending. Markets expect another 25bps rate hike from the RBA in December. The outlook for the AUD/USD today is bullish because the RBA will keep raising rates to keep inflation … Continued The post AUD/USD Outlook: RBA Hikes Modestly Amid Falling House Prices appeared first on Forex Crunch... Read More
Posted: Nov 15 2022, 08:22
Author Name: forexcrunch
Views: 102475

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