AUD/USD holds above 0.7000 as RBA hawkishness meets USD strength

The RBA's February rate hike to 3.85%, the first in over two years, continues to underpin the Australian Dollar after this week's minutes flagged elevated inflation risks and left the door open for further tightening.

AUD/USD holds above 0.7000 as RBA hawkishness meets USD strength
The RBA's February rate hike to 3.85%, the first in over two years, continues to underpin the Australian Dollar after this week's minutes flagged elevated inflation risks and left the door open for further tightening.

Share

What's Your Reaction?

Like Like 0
Dislike Dislike 0
Love Love 0
Funny Funny 0
Angry Angry 0
Sad Sad 0
Wow Wow 0