Aussie disappoints hawks. Forecast as of 04.07.2023

The AUDUSD response to the RBA decision to pause the monetary tightening for the second time reassures that the regulator has chosen the right policy. Let us discuss the Forex outlook and make up an AUDUSD trading plan.

Weekly Australian dollar fundamental analysis

What is better for a currency, a hawkish pause or the continues monetary tightening? The AUD has strengthened amid the RBA decision to hold the interest rate at the same level. So, a pause, together with its hints at a rate hike in the future, is a good alternative to continuous monetary tightening. Markets rise on the… Read full author’s opinion and review in blog of #LiteFinance