UBS Expects RBA to Potentially Hike Rates in August, Supporting AUDUSD =============== #c0f71ab7 ver:0.97 UBS predicts RBA may hike rates in August, supporting AUDUSD. Strong inflation data and policy divergence with the Fed contribute to the positive outlook. UBS forecasts AUDUSD to reach $0.68 by December and $0.70 by June 2025. RBA's decision depends on Q2 CPI, retail sales, and labor data. UBS recommends staying long on AUD over NZD. #RBA #AUDUSD #inflation #interestrates... #newstr #Rba #InterestRates #Audusd #Inflation #Cpi #RetailSales #LaborData #ExchangeRate https://here.news/story/c0f71ab7?ver=0.97