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GBP/AUD: monetary divergence and stagflation risks
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See also: InstaForex trading indicators for GBP/AUD The GBP/AUD pair ends the first week of April in a state of acute uncertainty, reflecting a complex interplay of monetary expectations and geopolitical risks. While the Bank of England remains cautious, warning about overstated rate hike expectations, the Reserve Bank of Australia faces rising stagflation risks, and markets price in up to a 55% chance of a rate hike at the May meeting. Trading activity remains subdued because of Good Friday observance, and
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Jurij Tolin,
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