ONTRADE Forex

Australian Dollar Price Forecast: Focus now shifts to 0.7000

Australian Dollar Price Forecast: Focus now shifts to 0.7000
AUD/USD is still orbiting that familiar 0.7000–0.7150 range, and for now there is no clean break in sight. The Aussie continues to draw underlying support from sticky domestic inflation and a Reserve Bank of Australia (RBA) that is in no rush to soften its hawkish tone.

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