AUD/USD Price Analysis: Aussie Takes a Hit in the Wake of RBA

<div><img width="1024" height="531" src="https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min-1024×531.png" class="type:primaryImage wp-post-image" alt="my AUD/USD price analysis forecast" style="margin-bottom: 15px;" decoding="async" fetchpriority="high" srcset="https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min-1024×531.png 1024w, https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min-300×156.png 300w, https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min-150×78.png 150w, https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min.png 1486w" sizes="(max-width: 1024px) 100vw, 1024px" /></div>
<p>The RBA kept interest rates unchanged. Bullock stated that the need for further rate hikes would hinge on incoming data. Analysts attributed the US dollar’s upward movement to a correction following its substantial decline in recent weeks. The AUD/USD price analysis took a bearish turn as the Australian dollar fell, reacting to the Reserve Bank…</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2023/12/05/aud-usd-price-analysis-aussie-takes-a-hit-in-the-wake-of-rba/">AUD/USD Price Analysis: Aussie Takes a Hit in the Wake of RBA</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>

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