- November 4, 2022
- Posted by: AliensFaith
- Category: OBJECTIVE PRESS
No Comments
Advertisements
Aussie is pushing lower due to dollar strength. The RBA reduced the forecast for economic growth in Australia. Australia’s central bank expects inflation to peak at 8% from a previous forecast of 7.75%. Today’s AUD/USD outlook is bearish as the dollar extends Thursday’s gains. The pair is also losing ground as investors digest the RBA’s …
The post AUD/USD Outlook: RBA Lowers Growth Expectations as Inflation Soars appeared first on Forex Crunch.