The article highlights an expected Reserve Bank of Australia rate hike, which would further compress borrowing capacity and housing affordability. With the move largely priced in, near-term AUD reaction may depend more on policy guidance than the decision itself, while Australian consumer and housing-linked sentiment remain vulnerable.
AI Insight · NCFXAUD2USD/USDTAI Insight
▼ Bearish
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Regular income Aussies have been told to brace for a devastating week ahead as a huge policy decision looks set to get the green light.