
AUD/USD Forecast: Banks Still See 0.72-0.74 Despite Post-RBA Selloff
The Australian-US-Dollar rate fell below 0.70 after the RBA hike, while ING kept its December recovery forecast and warned of greater near-term downside risk. The Australian Dollar to US Dollar (AUD/USD) exchange rate fell despite Tuesday's interest-rate rise, as the RBA's admission that it had considered holding policy steady.




