The RBA held rates on Tuesday and restated its commitment to lower stubborn inflation. The likelihood of an RBA cut in December increased slightly to 72%. PMI data in the previous session revealed steady business activity. The AUD/USD outlook shows a whiplash reaction to the Reserve Bank of Australia’s policy meeting. The Australian dollar fluctuated…
The post AUD/USD Outlook: RBA Stays Committed to Fight Inflation appeared first on Forex Crunch.
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