RSS RBA Hits Aussie Hard. Forecast as of 18.12.2024

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 RSS RBA Hits Aussie Hard. Forecast as of 18.12.2024

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Australia's GDP has reached its lowest levels since the 1990s, prompting the Reserve Bank to consider rate cuts. In light of the Federal Reserve's intention to pause and the introduction of tariffs by the Trump administration, the AUDUSD pair is plummeting. Let's discuss this topic and make a trading plan. Major Takeaways The RBA has abandoned the idea of hiking the cash rate. The Australian economy may become weaker. The labor market hampers the Reserve Bank's rate cut. The AUDUSD pair continues to tumble to 0.615. Weekly Fundamental Forecast for Australian Dollar The Reserve Bank of Australia has refused to... Read full author’s opinion and review in blog of #LiteFinance
 
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