Economists are expecting the RBA to raise rates by another 25bps in December. Australia’s inflation fell to 6.9% from 7.3% in September. Investors are on the lookout for the US nonfarm payroll report. Today’s AUD/USD outlook is bullish. All 30 economists surveyed by Reuters predict that on December 6, the Reserve Bank of Australia will … Continued
The post AUD/USD Outlook: RBA to Deliver a 25bps Rate Hike in December appeared first on Forex Crunch.
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