The Australian Dollar can look forward to further support as more interest rate hikes are likely, according to new research from a major global bank.
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Australian outperformance extends after the Governor of the Reserve Bank of Australia (RBA) confirmed Australians faced further interest rate hikes in order to battle inflation.
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The Australian economy is now at a very real risk of sliding into recession according to analysis from AMP in the wake of the Reserve Bank of Australia's decision to raise interest rates a further …
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The RBA raised the cash rate target to 4.10% and said it was open to hiking rates further, a decision that triggered a rally in the Australian Dollar.
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GBPAUD remains in a multi-week uptrend, however, near-term turbulence inspired by Australia's central bank can offer opportunities in either direction.
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Improved global investor risk sentiment and rising bets that the Reserve Bank of Australia (RBA) will hike interest rates on June 06 helped the Australian Dollar rally ahead of the weekend.
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The Australian Dollar firmed as a Chinese manufacturing survey for May showed the sector returned to growth, but other data point to a shaky recovery that could limit the upside potential in China-…
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