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AUD/USD Forecast: RBA to Hike 25 bps Despite Easing Inflation

Started by forex4you, Dec 01, 2022, 05:19 am

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Dec 01, 2022, 05:19 am
AUD/USD Forecast: RBA to Hike 25 bps Despite Easing Inflation

The annual increase in the CPI for October was 6.9%, down from 7.3% in September. The RBA expected inflation for consumer goods to peak at around 8% this quarter. Markets are still betting the RBA will increase the cash rate by 25 basis points. Today’s AUD/USD forecast is bearish. October saw a slowdown in Australian … Continued


The post AUD/USD Forecast: RBA to Hike 25 bps Despite Easing Inflation appeared first on Forex Crunch.


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