AUD/USD Anxiously Above 0.75 Before RBA Decision

With the Australian dollar trading around the Reserve Bank of Australia’s (RBA) preferred level of $0.75, will the central bank hold off on cutting rates at Tuesday’s meeting? According to Mitul Kotecha, head of FX strategy, Asia-Pacific at Barclays, the RBA is likely to pull the rate cut trigger sooner rather than later given the …

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