AUD after Reserve Bank lifts interest rates?

  1. RSD
    4,407 Posts.
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    It seems almost certain that the RBA will lift interest rates in early June, I'm not a forex trader or anything like that so have limited knowledge in this area but I do have to close out a large overseas purchase in June. Could those of you who are more knowledgeable than me please tell me whether you think various foreign currencies will rise or fall against the AUD once the rate rise is announced?
 
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