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.
Read Full Story
- USD/JPY Price Analysis: Inflation, Tariffs Complicate BoJ Path - April 25, 2025
- GBP/USD Outlook: Confidence Slips Despite Up UK Retail Sales - April 25, 2025
- EUR/USD Forecast: Eurozone Reports Weak Activity Data - April 24, 2025