Aussie ran out of patience. Forecast as of 05.04.2022

The Reserve Bank of Australia has been a black sheep for a long time. When its counterparts tightened monetary policy, the RBA preferred to stick to its wait-and-see approach. In April, its position changed, which immediately affected the AUDUSD. Let's discuss the topic and make up a trading plan.

Weekly Australian dollar fundamental analysis

Patience is good quality, but it's unbearable to remain patient all the time! The refusal of the RBA to use this word led to the rise of AUDUSD price to 10-month highs. The markets believed that the first cash rate increase since 2010 could occur in June, possibly in May,… Read full author’s opinion and review in blog of #LiteFinance