Australian Dollar Down as the RBA Rules Out Rate Hikes Until 2024

The Australian Dollar fell as the RBA struck a dovish tone with June's monetary policy update, signaling rate hikes are unlikely at least until 2024.

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Nasdaq 100 Futures Lead Nikkei 225, ASX 200 Lower, RBA Rate Decision in Focus

The Nasdaq 100 futures traded lower during Tuesday’s morning session, setting a sour tone for the Asia-Pacific markets. Traders are eyeing the RBA interest rate decision and an OPEC+ meeting today.

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Nasdaq 100 Futures Lead Nikkei 225, ASX 200 Lower, RBA Rate Decision in Focus

The Nasdaq 100 futures traded lower during Tuesday’s morning session, setting a sour tone for the Asia-Pacific markets. Traders are eyeing the RBA interest rate decision and an OPEC+ meeting today.

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Stock Market Forecast for the Week Ahead: The Summer Doldrums Approach

Seasonality may work to slow stock market price action as a drawdown in volume and volatility seep into the market. The major indices have already begun to show symptoms of range-bound price action.

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Australian Dollar Forecast: AUD/USD May Wilt on RBA, Falling Iron Ore Prices

The Australian Dollar may struggle as the RBA further hints at rolling the yield target to the November 2024 bond. AUD/USD remains vulnerable to falling copper and iron ore prices.

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