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AUD/USD. Analysis and Forecast
On Tuesday, AUD/USD fluctuated around 0.7040,
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On Tuesday, AUD/USD fluctuated around 0.7040, down 0.50% for the session, as the Australian dollar lost support following the release of the minutes from the RBA's February meeting. The document highlights that board members considered a rate hike justified to prevent inflation from remaining elevated for an extended period. They also concluded that without preemptive measures, price pressures would likely stay high for a prolonged time.However, the meeting minutes did not outline a specific path for future interest rate changes,
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