Impact on AUD/USD: The RBA’s interest rate decision data holds significant influence over the AUD/USD exchange rate. When the RBA raises interest rates, it generally strengthens the Australian dollar. This is because higher interest rates attract foreign investors seeking higher returns on their investments, increasing the demand for the AUD. Conversely, when the RBA lowers … Continue reading Analyzing the Impact of RBA Interest Rate Decision Data on AUD/USD – 01-8-2023