AUD/USD Price Analysis: RBA Hikes 25-bps with Cautious Tone

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<p>The RBA boosted interest rates by 25 basis points, ending its four-month pause. Investors perceived the RBA’s forward guidance as dovish. The Australian dollar plummeted by up to 0.9% after the RBA announcement. The AUD/USD price analysis turned bearish following the RBA’s rate adjustment and shifted the outlook that prompted speculation of an impending end…</p>
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