- July 30, 2022
- Posted by: AliensFaith
- Category: OBJECTIVE PRESS
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Second quarter inflation in Australia rose to 6.1%. RBA is expected to deliver a 50 bps rate hike. There is indecision at the 0.7 psychological level. The weekly AUD/USD forecast is bullish as the Reserve Bank of Australia is expected to respond to rising inflation with a 50bps rate hike. At the same time, if …
The post AUD/USD Weekly Forecast: RBA Expected to Deliver A 50bps Rate Hike appeared first on Forex Crunch.