Upbeat RBA to Fuel AUD/USD Rebound- 0.7530 Hurdle in View
The Reserve Bank of Australia (RBA) is widely expected to keep the official cash rate at the record-low of 1.50% at the last policy meeting for 2016, and more of the same from Governor Philip Lowe and Co. may fuel the near-term rebound in AUD/USD as the central bank appears to be gradually moving away from its easing-cycle.