AUD/USD Forecast: RBA Decision vs Hawkish Fed Risks Cap Near-Term Upside – Forex Crunch
The AUD/USD forecast edges to the downside despite a hotter inflation print as the yields fell sharply, suggesting only a single RBA hike in the near term. Trump’s nomination of Kevin Warsh as the next Fed Chair lifts the US dollar, as markets view the decision as less dovish. COT positioning suggests reduced AUD longs,…