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AUD/USD: RBA concerns about aussie strength to trigger a deep correction – FXStreet
AUD/USD finished the sixth straight week in the positive territory as gained more than 4% in July. Therefore, the Reserve Bank of Australia (RBA), whi
AUD/USD finished the sixth straight week in the positive territory as gained more than 4% in July. Therefore, the Reserve Bank of Australia (RBA), which holds its monetary policy meeting tomorrow, may start to concern about the AUD’s market valuation. The aussie could see a correction lower if the central bank expresses voices such concerns, FXStreet’s Eren Sengezer reports.
“Today, the ISM’s Manufacturing PMI data from the US will be watched closely by the market participants. The market expec…
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