AUD/USD Outlook: RBA Weighed Rate Hike in Recent Meeting

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<p>Minutes revealed the RBA contemplated a rate hike at its last policy meeting. The RBA assumes inflation will not return to its 2-3% target range until late 2025. Markets indicate a 16% probability of an RBA rate hike in November. The AUD/USD outlook turned positive on Tuesday as the minutes of the RBA’s latest meeting…</p>
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