Summary The Australian dollar has been a solid performer in recent months and is up 11% from its October 2022 low. Given recent developments, we believe this positive trend can continue and have adopted a more constructive medium-term outlook for AUD/USD, targeting an exchange rate of $0.7800 by mid-2024. In our view, growth in Australia […]

The post Hawkish RBA Still Heading Higher appeared first on Action Forex.