AUD/USD Weekly Forecast: Hawkish RBA Fuels Rebound – Forex Crunch
The AUD/USD is set for a rebound this week as the Reserve Bank of Australia (RBA) takes a hawkish stance. The Australian dollar is expected to strengthen against the US dollar following the RBA’s positive outlook on the economy. Traders are optimistic about the AUD’s prospects as the central bank signals potential interest rate hikes in the near future. This bullish sentiment is likely to drive the AUD/USD pair higher in the coming days.