Aussie: mission possible. Forecast as of 31.01.2024

The Reserve Bank of Australia officials needed less effort to return inflation to target. However, the faster it moves towards the 1-3% range, the worse it is for AUDUSD. Let us discuss this topic and make up a trading plan.

Weekly Australian dollar fundamental forecast

Many thought the euro would rise against the US dollar only because the ECB began monetary tightening later and, therefore, should end after the Fed. However, they were wrong. The same goes for expectations for the Australian dollar's future. During the latest monetary restriction cycle, the RBA raised borrowing costs by 425 bps. This is… Read full author’s opinion and review in blog of #LiteFinance