At 12:30 on July 5th, Beijing time, the Reserve Bank of Australia will announce its interest rate decision, after the market expected the Reserve Bank of Australia to raise interest rates by 40 points, which will be the third time in a row. With the resolution time approaching, more and more institutions now believe that the rate hike may reach 50 basis points.
NEWS
The trend of the Australian dollar? Prediction of interest rate hike, foreign exchange MT4.MT5 fully grasped2022-08-05
US Dollar Outlook for the Week: Forex MT4.MT5 Trading Quotes2022-08-05The U.S. dollar index DXY had a strong week last week, rising more than 1.7% to close near 107.00, one of its highest levels since late 2012. While the bullish momentum may be overdone after a year-to-date rally of nearly 12%, the overall outlook remains positive from a fundamental perspective,
