Categories: Forex Analysis

AUD/USD Outlook: AUD Slumps as RBA Rate Cut Odds Soar

The Reserve Bank of Australia kept interest rates unchanged on Tuesday. Markets moved to price an over 50% likelihood of an RBA rate cut in February.  Traders eagerly await the US Consumer Price Index report. The AUD/USD outlook shows weakness in the Australian dollar due to a surge in Reserve Bank of Australia rate cut…
The post AUD/USD Outlook: AUD Slumps as RBA Rate Cut Odds Soar appeared first on Forex Crunch.
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