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AUD/USD Price Analysis: RBA Expected to Deliver Another 50bps Hike

Started by forex4you, Oct 01, 2022, 08:26 pm

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Oct 01, 2022, 08:26 pm
AUD/USD Price Analysis: RBA Expected to Deliver Another 50bps Hike

Analysts expect the RBA to raise rates by 50bps next week. The RBA might continue raising rates to reduce currency weakness against the US dollar. Bulls are attempting to take over above the 30-SMA in the charts. Today’s AUD/USD price analysis is bullish. A Reuters poll indicated that Australia’s central bank would raise interest rates … Continued


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