Aussie Posts Gains on Rising Risk Appetite. Forecast as of 13.09.2024

While traders sought to capitalize on the divergence in monetary policy between the RBA and other central banks, AUDUSD bulls saw another avenue for potential gain: rising global risk appetite. Let's discuss this topic further and make a trading plan. Highlights and key points The AUDUSD pair is sensitive to the US stock indices. The Reserve Bank of Australia is not planning to cut rates in the near term. The US dollar may recover thanks to the FOMC forecasts.  One can open positions o