The Reserve Bank of Australia lifted its rates, causing the Australian dollar to soar. The dollar fell after unexpectedly weak US services data. Markets reflect an above-even likelihood of another rate increase next month. Today’s AUD/USD outlook is bullish. On Tuesday, the Reserve Bank of Australia boosted interest rates, causing the Australian dollar to soar … Continued
The post AUD/USD Outlook: Aussie Jumps After RBA’s Surprise Hike appeared first on Forex Crunch.
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