Send Currency Update 15th July 2024
Send Currency Update 15th July 2024
In The News! 🌏
Market Conditions and What to look out for this week 🗓️
AUD Outlook and Market Performance
Rabobank is predicting continued outperformance for the Australian Dollar (AUD).
Rabobank anticipates the RBA raising interest rates twice in 2024, in August and November, to combat persistent domestic inflation.
Jane Foley, Senior FX Strategist at Rabobank, stated, "Most recent Australian economic data have cemented our expectations for further rate hikes this cycle."