RBA Expected to Raise Interest Rates by 25 Basis Points at May Meeting
📊 AUDUSD — Piyasa Yorumu
▲ up · 65%Expectations of a 25 basis point rate hike by the RBA at its May meeting could serve as a positive short-term catalyst for AUD/USD. Technical indicators also support this view: the RSI is in positive territory at 60, the MACD is above its signal line, and the price is trading above both the 20-day and 50-day moving averages. However, a slight decline over the past 24 hours and broader market uncertainties pose a risk that the upside movement may remain limited. Therefore, I expect a bullish move with moderate confidence.
📊 AUD — Piyasa Yorumu
▼ down · 70%Expectations of a rate hike by the Reserve Bank of Australia (RBA) could somewhat dampen global risk appetite. The perception that the tightening cycle of developed country central banks continues may create short-term selling pressure, particularly in emerging markets. Turkish markets could also be negatively affected by this global risk-off trend, although the impact may remain limited.