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AUD/USD Price Analysis: AUD Bulls Welcome RBA’s 25bps Hike

Started by forex4you, Dec 08, 2022, 03:06 am

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Dec 08, 2022, 03:06 am
AUD/USD Price Analysis: AUD Bulls Welcome RBA's 25bps Hike

The dollar is soaring against the Australian dollar after positive US data. The RBA raised rates by 25bps to 3.1%, the highest in ten years. The RBA expects Q4 inflation to be 8% higher than a year earlier. Today’s AUD/USD price analysis is bearish as dollar strength continues after yesterday’s upbeat US data. The markets, … Continued


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