The RBA raised rates 25bp to 4.60% unanimously with hawkish statement language, yet AUD/USD reversed sharply after Governor Michele Bullock said further tightening was merely a “hope” rather than a base case, breaking the 0.7000 support zone within the hour.
The post RBA Hiked Unanimously—Then Bullock’s “Hope” Sent Aussie Through 0.7000 Support appeared first on ActionForex.
The RBA raised rates 25bp to 4.60% unanimously with hawkish statement language, yet AUD/USD reversed sharply after Governor Michele Bullock said further tightening was merely a “hope” rather than a base case, breaking the 0.7000 support zone within the hour.
The post RBA Hiked Unanimously—Then Bullock’s “Hope” Sent Aussie Through 0.7000 Support appeared first on ActionForex.
