AUDUSD: Rate Hike Spurs Bullish Momentum Amid Hawkish RBA Outlook
Over the past three trading days, AUDUSD has shown notable volatility, climbing from an opening of 0.69258 to a close at 0.70136. This movement reflects the market’s positive reaction to the Reserve Bank of Australia’s first rate hike in two years, raising rates by 25 basis points. While the US Dollar Index occasionally shows signs of weakness, ongoing hawkish signals from the Fed continue to pressure the pair. Global equities and commodity price fluctuations have influenced risk sen












