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Back Fundamental analysis
AUD/USD. RBA May Meeting: Preview
On Tuesday, May 20, the Reserve
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On Tuesday, May 20, the Reserve Bank of Australia (RBA) will conclude its meeting, which may result in a softening of monetary policy parameters. Most analysts believe the central bank will cut the interest rate by 25 basis points, marking another step in this direction after the February rate cut. The "dovish" scenario is the most expected, but it is not set in stone. Several fundamental arguments support a wait-and-see approach, so maintaining the status quo cannot be ruled out.
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Irina Manzenko,
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