AUDUSD At Risk Ahead Of RBA Forward Guidance
Publish Date : 2019/09/02 - 06:14

AUDUSD At Risk Ahead Of RBA Forward Guidance


The RBA may keep the interest rate at record low at 1.00% as expected.thus,AUDUSD may be stucked at an already range price action.

Comments suggest that the RBA may employ a wait-and-see approach as aussie-dollar provides a buffer.

Additionally,the RBA may stick to the old approach after imposing rate cuts.

With that said,signs of interest rate cut by the RBA may drag on AUDUSD as well.

Souce:dailyfx

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