UBS raises AUD/USD forecast to 0.72 from 0.70 on RBA hawkish stance
PositiveFinancial Markets

UBS has raised its AUD/USD forecast from 0.70 to 0.72, reflecting a more hawkish stance from the Reserve Bank of Australia (RBA). This adjustment is significant as it indicates a stronger outlook for the Australian dollar, which could impact trade and investment decisions. Investors and businesses should pay attention to these changes as they may influence currency exchange rates and economic strategies.
— Curated by the World Pulse Now AI Editorial System