Everybody and their mother expects the RBA to lift rates of interest, simply six months after chopping them.
Our Occasion Information for February’s RBA Financial Coverage Assertion reveals why the case for tightening has gotten loads stronger. Inflation got here in hotter than anticipated, and the labor market remains to be holding up, suggesting the financial system is working nearer to full capability than policymakers thought.
If a price hike fuels Australian greenback power, setups on AUD/JPY and GBP/AUD may begin leaning in favor of the Aussie bulls.
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