AUD calm ahead of RBA decision

From marketpulse.com

The Australian dollar has posted slight gains at the start of the week, as AUD/USD trades just above the 0.75 level. Looking back at March, it was an excellent month for the Australian dollar. The currency rose 3.02%, its best month since October 2021. March was marred by the Russia-Ukraine war, which has led to turbulence in the financial markets and for the most part dampened risk appetite. Still, the risk-sensitive Aussie has thrived, thanks to high commodity prices. With Australia’s commodities in high demand, the Australian dollar has rebounded and is back above 0.7500, a psychologically significant level. ... (full story)