The Australian Dollar spent most of its time last week slowly gaining ground against some of its major counterparts, but progress was fairly lackluster. For AUD/USD though, it meant a material pause in what has been a top that has seen prices decline over 7.5% since February. Underlying fundamental dynamics are undermining the outlook, and the road in the week ahead likely remains bumpy for the Aussie. All eyes are on the Reserve Bank of Australia (RBA) interest rate decision, where the central bank is likely to keep key tool settings unchanged. The RBA partially trimmed bond purchases at its last meeting, but the ... (full story)