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AUD/USD Price Analysis: RBA Hikes 50bps, Flags More Work Ahead

Started by forex4you, Sep 06, 2022, 04:36 pm

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Sep 06, 2022, 04:36 pm
AUD/USD Price Analysis: RBA Hikes 50bps, Flags More Work Ahead

RBA hiked rates by 50bps. The RBA stated it had more work to do regarding inflation. AUD/USD remained unchanged as markets had already priced in the hike. Today’s AUD/USD price analysis is bearish. As it works to contain soaring inflation, Australia’s central bank increased the cash rate by 50 basis points on Tuesday to a … Continued


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