Aussie looks discouraged. Forecast as of 28.02.2024

Following the release of minutes from the RBA's February meeting, it appeared that AUDUSD bulls could benefit from divergence in monetary policy. However, they did not rejoice for long. Let us discuss this topic and make up a trading plan. Monthly Australian dollar fundamental forecast While the entire financial world is waiting for signals about the start of monetary expansion, RBA officials surprised everyone with the statement that the cash rate could be increased. Their hawkish stance, positive signals from China, and the US dollar losing its advantage in the form of a convergence of market expectations for the federal funds... Read full author’s opinion and review in blog of #LiteFinance