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UnknownUnicorn15400135

RBA remains dovish

Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
UnknownUnicorn15400135  
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Fundamental Analysis Beyond Technical Analysis
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fundamental beyondta
RBA sees first rate hike in 2024 and if inflation & wage growth are higher than expected, it sees the first rate hike in 2023. As we know, the RBNZ has already hiked Rates and is likely to continue doing so, I therefore see further downside in this pair.
I'll update you on Tuesday, after RBA Monetary Policy Meetings have come out.
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