The Australian economy is showing strength with positive data releases. Building approvals and trade balance are on the rise, indicating a growing demand for housing and strong exports. This is likely to boost the Australian dollar in the forex market. The Reserve Bank of Australia is expected to remain cautious in its monetary policy approach. Stay tuned for updates on economic indicators and RBA statements for insights into the currency's future direction.
The Australian economy continues to show signs of strength as recent data releases paint a positive ...Subscribe to access the full content