Aussie keeps abreast. Forecast as of 27.07.2023

Mixed reports on the Australian domestic data haven’t helped to determine the further AUDUSD trend. However, the Fed created a favorable background for the bulls. Will buyers go ahead? Let us discuss the Forex outlook and make up an AUDUSD trading plan.

Monthly Australian dollar fundamental analysis

The Australian dollar jumps up and down. Australia’s strong jobs data and a budget surplus than originally expected cheered up the AUDUSD bulls. However, the firm intention of the RBA to hold rates flat and slow inflation, on the contrary, discourages them. Still, the AUD is rising.

Australia is no different from other… Read full author’s opinion and review in blog of #LiteFinance