Monday, 1 May 2023

Australian Dollar Spike After RBA Hikes. Will AUD/USD Find Higher Ground?

The Australian Dollar shot higher after the RBA raised the cash rate to 3.85% surprising markets. The bank cited inflation as being too high. If they hike again, will AUD/USD go higher?

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

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