AUDUSD: AUD/USD eased slightly, while the Australian stock marke

Immediately after better-than-expected inflation data, the Australian dollar fell again. In addition, weakening inflation has also provided the market with more information about the RBA's interest rates in the coming time when the Reserve Bank of Australia has had many difficulties in controlling inflation and has only stopped raising interest rates. interest rate in November. Currently, the market is expecting that the RBA will have a 50 bps interest rate cut in 2024.
Note
AUDUSD BUY 0.6530- 0.6540TP1: 0.6580
TP2: 0.66620
SL: 0.6480
Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.