07-05-2024 12:09 via litefinance.org

RBA and Fed divergence looming. Forecast as of 07.05.2024

According to Reuters experts, the AUDUSD pair may rise to 0.67, from which it started in 2024, on expectations that the Reserve Bank of Australia will tighten its monetary policy. Let's discuss this topic and make up a trading plan.Weekly Australian dollar fundamental forecastMonetary policy divergence remains the leading guide in the Forex market. Against Australia's stubborn inflation, the futures market has begun to price in expectations of a cash rate hike. This contrasts with the Fed's inte
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