AUD/USD Outlook: Aussie Dips as RBA Holds Rates for 3rd Month

<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" decoding="async" style="margin-bottom: 15px;" 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>Australia’s central bank held rates steady for a third consecutive month. The Australian dollar depreciated, reaching its lowest point in over a week. Market expectations for one last rate hike before year-end decreased from around 36% to just 30%. Today’s AUD/USD outlook is bearish as Australia’s central bank held rates steady for a third consecutive…</p>
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