The dollar is soaring against the Australian dollar after positive US data. The RBA raised rates by 25bps to 3.1%, the highest in ten years. The RBA expects Q4 inflation to be 8% higher than a year earlier. Today’s AUD/USD price analysis is bearish as dollar strength continues after yesterday’s upbeat US data. The markets, … Continued (https://www.forexcrunch.com/aud-usd-price-analysis-aud-bulls-welcome-rbas-25bps-hike/) The post AUD/USD Price Analysis: AUD Bulls Welcome RBA’s 25bps Hike (https://www.forexcrunch.com/aud-usd-price-analysis-aud-bulls-welcome-rbas-25bps-hike/) appeared first on Forex Crunch (https://www.forexcrunch.com/).
