When is the RBA and how will it affect AUD/USD? By ross_burland RBA AUDUSD Currencies Ukraine Fed
AUD risks are skewed higher if the outcome leans more hawkish than dovish.
The fourth quarter '21 wages were in line with its forecasts and this likely means that the central bank will reiterate that it can be 'patient'.shifts to a hawkish stance at that meeting and delivers a hike in Aug as we expect,'' analysts at TD Securities said. AUD risks are skewed higher if the outcome leans more hawkish than dovish, reflecting well-populated short positions which edged slightly lower according to the past Commitment of Traders report.
AUD/USD daily chart's prospects are bullish at this juncture with the 0.7350s eyed. However, a drop below 0.7230 will put the barton in the bear's hands again. , and are explained in a media release which announces the decision at 2.30 pm after each Board meeting. 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.
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