June 19, 2024 – Written by David Woodsmith
Leave a comment STORY LINK Pound to Australian Dollar Forecast: GBP/AUD Dips on RBA Rate-Hike Warning
The Reserve Bank of Australia (RBA) held interest rates at 4.35%, in line with consensus forecasts and there were no updated forecasts at this meeting.
Comments from Governor Bullock were, however, more hawkish than expected which helped underpin the Australian currency amid further warnings that interest rates may have to increase.
This tough stance contrasts with expectations that the Bank…
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