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Australian dollar plunges toward two year low before RBA hike

July 5, 2022 - 11:00 -- Admin

Today’s meeting by the RBA, where everyone and his dog is expecting a solid 0.5% or 50 basis point hike, is not going to save the beleaugured Australian dollar. First, the wonks at ING rationale for the big five oh: the inflation expectations data, (with a) 6.7% print in the latest release, should have banished

The post Australian dollar plunges toward two year low before RBA hike appeared first on MacroBusiness.

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