AUD downward move reflects market expectations of an RBA pause...

  1. 1ronnie
    26,942 Posts.
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    26/04/23
    13:50
    Post #: 67459204
    AUD downward move reflects market expectations of an RBA pause following the lower CPI numbers.

    65.80c test next?

    1 year view
    AUD USD Chart - AUD/USD Rate — TradingView

    AUD Gold back above A$3k attributable to a large part the decline in the AUD more than the rise in the Gold price.

    Gold price stalling at $2000 for now.

    NUGG (VanEck Gold Bullion AUD Gold ETF) is up 1.75% today (+14.16% the past 1 year).
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    lightbulb Created with Sketch.  Great analysis
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