AUD/USD: Downside pressure on the Aussie likely to be limited for now – Commerzbank AUDUSD RBA InterestRate Banks Inflation
The minutes of the Reserve Bank of Australia’s last meeting have been published. Economists at Commerzbank analyze AUDIn the end, the decision in favour of a further rate step was taken, but the debate illustrated to the market that at the next meeting in July, the decision to leave rates on hold might be taken.
However, until the next meeting in July, inflation data will be published. The risk of an inflation surprise does of course exist and as a result, a rate hike in July is not off the agenda yet. Against this background, downside pressure on AUD is therefore likely to be limited for now.Information on these pages contains forward-looking statements that involve risks and uncertainties.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Trading Support and Resistance \u2013 AUD/USD, USD/JPYThis week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.
Weiterlesen »
Pairs in Focus This Week \u2013 AUD/USD, EUR/USD, USD/JPYGet the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of June 18th, 2022 here.
Weiterlesen »
AUD/USD drops to 0.6850 as options market flashes bearish signals, China optimism fadesAUD/USD drops to 0.6850 as options market flashes bearish signals, China optimism fades – by anilpanchal7 AUDUSD Options Markets RiskAversion China
Weiterlesen »
AUD/USD rebounds from 0.6840 as RBA minutes and PBOC decision comes into pictureThe AUD/USD pair has shown a recovery move after a correction to near 0.6840 in the early European session. The Aussie asset has got strength as inves
Weiterlesen »
AUD/USD faces a tough resistance around 0.6915/40 – UOBThe continuation of the uptrend in AUD/USD is expected to meet solid resistance in the 0.6915/40 band for the time being, suggest UOB Group’s Economis
Weiterlesen »
AUD/USD Price Analysis: Trades with modest intraday losses, bullish potential intactThe AUD/USD pair attracts some dip-buying on the first day of a new week and stalls its pullback from the 0.6900 mark, or the highest level since Febr
Weiterlesen »