AUD/USD Forecast May 1-5

AUD/USD posted losses for a second straight week, closing at 0.7485. This week’s key event is the RBA Rate Statement. Here is an outlook on the major market-movers and an updated technical analysis for AUD/USD. It was a disappointing week in the US. GDP grew by an annualized rate of 0.7% in the first quarter, weaker than expected and […]

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