AUD/USD Price Analysis: Aussie Gains Ground on Hawkish RBA

<div><img width="1024" height="531" src="https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min-1024×531.png" class="type:primaryImage wp-post-image" alt="my AUD/USD price analysis forecast" style="margin-bottom: 15px;" decoding="async" fetchpriority="high" srcset="https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min-1024×531.png 1024w, https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min-300×156.png 300w, https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min-150×78.png 150w, https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min.png 1486w" sizes="(max-width: 1024px) 100vw, 1024px" /></div>
<p>The RBA followed the path of the Federal Reserve, pushing back on rate cut expectations. The RBA said it needed more convincing that inflation was falling. The Aussie strengthened due to a rally in Chinese equities. Tuesday’s AUD/USD price analysis showed a bullish recovery as investors absorbed hawkish signals from the RBA. Despite the central…</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2024/02/06/aud-usd-price-analysis-aussie-gains-ground-on-hawkish-rba/">AUD/USD Price Analysis: Aussie Gains Ground on Hawkish RBA</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>

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