AUD/USD risks bigger breakdown below 0.7000 as RBA rate hike fails to lift aussie
AUD/USD — All Desk Targets
22 desks
| Firm | Stance | YE 2026 |
|---|---|---|
MUFG | Bullish | 0.7000 |
Danske Bank | Bearish | 0.6800 |
UBS | Bullish | 0.7300 |
From the original
If there's one thing that stands out after the RBA decision today, it is that AUD/USD still can't catch a meaningful bid even after the rate hike. The RBA raised the cash rate by 25 bps to 4.60%, its highest since 2011 . On paper, you would think that should be supportive for the
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