RBA Turn Hawkish. It was one of the last doves left in the developed world when Australia’s central bank raised interest rates more than expected in the middle of a campaign. This is giving more support for our previous prediction ->Why Aussie Dollar will Continue Rising. As we remain bullish on the AUD seems still undervalues across the board with …
Tag Archives: AUD
Why Aussie Dollar will Continue Rising? Aussie Dollar Analysist
Why Aussie Dollar will Continue Rising? Aussie Dollar Analysist. The Australian Dollar continues to climb as commodities across the board soar on shrinking supply as a result of the Russian invasion of the Ukraine and the subsequent sanctions imposed by the West. Industrial metals, precious metals, soft commodities and any energy product not flowing from Russia or Ukraine are being …
The Strong AUD and EUR Today
Australia’s dollar and the euro were the two currencies that rose the most today, which is a little ironic because both central bank are very dovish. On Monday, the AUD and the EUR rose because people thought the central banks were going to do something. Some people are worried that the RBA and the ECB might become less dovish and …