The Australian dollar known as the Aussie has been weakning for the last 12 months though it has stabilized since mid February after taking a hit after Lowe on Feb. 6 said the probabilities of a rate hike and a rate cut were now more evenly balanced as compared with earlier in 2018 when the probabilities of rate hike were higher.
The Australian dollar, known as the Aussie, has been weakening for the last 12 months though it has stabilized since mid-February after taking a hit after Lowe on Feb. 6 said the probabilities of a rate hike and a rate cut were now more evenly balanced as compared with earlier in 2018 when the probabilities of a rate hike were higher.