Australia’s CPI increased by 0.2% in the fourth quarter, missing estimates. Traders are pricing an 80% chance of an RBA rate cut in February. Market participants are preparing for the Fed policy meeting. The AUD/USD forecast shows higher expectations for an RBA rate cut in February due to cooling inflation in Australia. Meanwhile, the dollar…
The post AUD/USD Forecast: RBA Rate Cut Odds Grow as Inflation Eases appeared first on Forex Crunch.
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