The Australian dollar went on a wild ride late last week. AUD/USD jumped 1.27% on Thursday, only to cough up most of these gains on Friday. The Aussie is showing little movement today, as the markets eye the Reserve Bank of Australia rate decision on Tuesday.
RBA poised for back-to-back rate hikes
The RBA is widely expected to raise interest rates back-to-back, for the first time since 2013.
06-06-2022 12:20 GMT
by Kenneth Fisher
