Aud/usd: Hawkish RBA Path Supports Gains – ING

ING’s Deepali Bhargava and Francesco Pesole argue that rising energy-driven inflation and firm underlying price pressures strengthen the case for a 25bp Reserve Bank of Australia (RBA) hike on 5 May.

ING’s Deepali Bhargava and Francesco Pesole argue that rising energy-driven inflation and firm underlying price pressures strengthen the case for a 25bp Reserve Bank of Australia (RBA) hike on 5 May.