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Australian Dollar May Rise on RBA, Economic Outlook, Strong Risk Appetite – DailyFX
The Australian Dollar may rise following the RBA rate decision amid signs of economic stabilization and resilient risk appetite despite still-precarious fundamentals.
AUSTRALIAN DOLLAR FUNDAMENTAL OUTLOOK: BULLISH
- Australian Dollar may rise on RBA rate decision and economic stabilization
- Resilient risk appetite, support from central banks may amplify AUDs gains
- Having said that, escalating tension with China could curb the Aussies rise
RBA Rate Decision: What to Expect
At the last RBA rate decision on August 4, officials chose to hold the overnight cash rate at 0.25 percent and maintained that same yield target for 3-year so…
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