The RBA is widely expected to keep its policies steady in April, but it may not stop AUD bears from pouncing.
Our Event Guide for the April RBA Monetary Policy Statement suggests that the central bank would keep its interest rates at 4.10%, but that the markets will soon focus on trade war concerns ahead of Trump’s tariff “Liberation Day” on April 2.
Here’s why AUD/CAD and AUD/JPY look interesting if global trade concerns overshadow RBA’s event:
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