FX Watch: AUD/CAD and EUR/AUD Trends for a Less Hawkish RBA Decision
Is there a chance the RBA could shift to a less hawkish stance in their upcoming rate statement?
Our Event Guide for the November RBA Decision suggests that policymakers could acknowledge that inflation is moving closer to target, potentially starting their easing cycle sooner or later.
Here are some trend continuation plays I’m watching on AUD/CAD and EUR/AUD in case that happens.
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