• Add
    Company

What May Happen with the AUDUSD if the RBA Cuts Rates Next Week?

ATFX

The Australian economy and dollar has been under pressure over the last few months, and might further fall if the RBA cuts rates on May 7.

Watch our video to find out what forex traders will be watching as they plan their trades around the RBA rate meeting on May 7. Not only do we show what we think may happen if they cut rates, but also what may happen if they leave rates unchanged.

As of May 1, the market was giving it a 50 percent probability of a rate cut, and large Australian bank's where projecting at least two rate cuts in 2019, but not necessarily taking place in May.

For more content like this, follow Alex on Twitter @AlexFX00.

Like and Subscribe for more daily market analysis and reaction.

Youtube:https://www.youtube.com/watch?v=4lIU5VAkj4E

For more information on our trading accounts, visit https://www.atfx.com/uk/en/

HIGH-RISK INVESTMENT WARNING: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs / Spread betting with this provider. You should consider whether you understand how CFDs / Spread betting work and whether you can afford to take the high risk of losing your money.

website: https://www.atfx.com

Source: https://www.youtube.com/watch?v=4lIU5VAkj4E
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}