DislikedWhat I'm curious about is how does a market "price in" a Rate Cut by buying the currency? As we all know AUD has been going up for the past 8 trading days meaning a "priced in" rate cut is good for the currency?
Something doesn't smell right...
Normally when markets are "pricing in" a Rate Cut for a particular currency there is a sell off of that currency.Ignored
Hope for the best, prepare for the worst.