Australian Dollar Forecast: AUD/USD, AUD/CAD Breaking Down – DailyFX

AUD/USD, AUD/CAD Analysis & News

• Dovish RBA Weighs on AUD/USD
• AUD/CAD Tracking 10yr AU/CA Spreads Lower

Dovish RBA Weighs on AUD/USD
Overnight, RBAs Kent had reiterated the message by the RBA Governor last week, that more monetary easing is on its way. RBAs Kent highlighted the recent change in forward guidance from the central bank, that the committee wants to actual inflation sustainably in the 2-3% range before raising rates, as opposed to forecast inflation. Th…

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