AUD/USD Forecast: Under pressure ahead of RBA’s decision

Asian Session HOT STORY AUD/USD: Under pressure ahead of RBA's decision   The AUD/USD pair fell for a third consecutive day on Monday amid persistent US Dollar demand, bottoming for the day at 0.6854. The pair traded in the green during the Asian session, despite mixed Australian data. The  TD Securities Inflation report showed that the University of Melbourne inflation estimate rose to 6.4% YoY in January from 5.9% in December.  The RBA will announce its monetary policy decision on Tuesday TRADERS RESOURCES Have a question about markets? TOP analysts will answer you. Join our VIP traders community and tap into the analysts to resolve any questions related to your trades, market moves, anything! Benefit from direct access to all insights and signals. And the best of all!: Meet like-minded people that speak the same trading language as you. Don't trade alone! Plus, access instant trade notifications & alerts across all your devices. Buy Now MORE STORIES EUR/USD: Persistent US Dollar demand dominates the FX board   Elon Musk's favorite altcoins: Will Dogecoin price be the next to rally after MASK?   FXSTREET ANYWHERE YOU ARE Check our economic calendar, Forex charts and news on your mobile Get new posts notifications and one-click-away economic calendar.   Manage your subscriptions  ·  Unsubscribe from FXStreet newsletters   FXStreet Newsletter does not constitute a solicitation for the purpose of buying or selling in the foreign exchange market. Although the information contained in FXStreet Newsletter comes from trusted sources, FXStreet is not responsible for guaranteeing the accuracy, timeliness, completeness or fitness of such sources. © 2023 "FXStreet. The Forex Market" All Rights Reserved. FOREXSTREET, S.L. - Portaferrissa 7, 1r 2a Barcelona 08002 Catalonia - Spain. You are receiving this email because you have specifically consented to it by checking the corresponding box when registering on our website. In FXSTREET we do not like receiving spam, so if you want, you can cancel your subscription or send us an email to privacy@fxstreet.com This message has been sent to you by FOREXSTREET S.L., a company registered in Barcelona, ​​in Volume 33351, Folio 135, Sheet B230633, with Tax Identification Number B62498233.