Australian Dollar Dived After RBA Hike by 0.50%. Where to for AUD/USD? - DailyFX


8/1/2022 12:00:00 AM2 years 9 months ago
by Daniel McCarthy

The Australian Dollar went lower immediately after the RBA raised the cash rate target by 0.50% to 1.85%, as anticipated but the statement was interpreted as less hawkish.

Australian Dollar, AUD/USD, RBA, CPI, Inflation, ASX 200 - Talking Points

  • The RBA continues their inflation fight, again hiking by 0.5% to 1.85%
  • AUD/USD went lower in the aftermath b… [+2282 chars]

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