This article was first published on FXTM Global.
- -
This content is synced from the rightful owners. Copyright on text and images belong to the original source.
- -

The Australian Dollar has strengthened against the US Dollar every single day so far in July, in the lead up to the Reserve Bank of Australia’s policy decision on Tuesday. The RBA is widely expected to maintain its cash rate target at the record low of 0.25 percent today, although the futures market is pricing in a 60 percent chance that rates would be brought down to zero.As things stand, AUDUSD has been making its way back towards the psychologically-important 0.70 line, having tested that resistance level previously in early June.[[{"fid":"11680","view_mode":"default","fields":{"... Read More

To keep reading this article, please navigate to: FXTM Global.

Tagged on: