Action Forex · 1 min read

AUD/NZD: Fresh Hikes on Both Sides, One Chart Still Undecided

AUD/NZD: Fresh Hikes on Both Sides, One Chart Still Undecided

The Aussie enters this week with genuine hawkish backing after Australia’s Q2 GDP surprised sharply to the upside, pushing the market-implied probability of a September RBA hike from 48% to 57%, with a November move now more than fully priced. Governor Bullock’s board has already flagged upside inflation risks tied to Middle East-driven energy costs, […] The post AUD/NZD: Fresh Hikes on Both Sides, One Chart Still Undecided appeared first on ActionForex.

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