March 17, 2026

AUD: Bittersweet hike with stretched positioning – ING

March 17, 2026

AUD: Bittersweet hike with stretched positioning – ING

ING’s Francesco Pesole notes the Reserve Bank of Australia (RBA) delivered a split 25 bp hike to 4.10%, initially read as dovish and triggering a sell-the-fact move in AUD/USD before a rebound on Governor Bullock’s comments.

ING’s Francesco Pesole notes the Reserve Bank of Australia (RBA) delivered a split 25 bp hike to 4.10%, initially read as dovish and triggering a sell-the-fact move in AUD/USD before a rebound on Governor Bullock’s comments.

Article written by AdminFF

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