Cactus (NYSE:WHD) PT Raised to $43.00 at Bank of America
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AUD/JPY rises on speculation surrounding the RBA raising policy rate
The Australian Dollar surges driven by growing hawkish sentiment surrounding RBA, following the hot CPI data. Judo Bank chief economic adviser Warren Hogan predicts that the RBA might increase the cash rate three times in 2024. The safe-haven JPY loses ground due to the uncertainty surrounding the BoJ's rate outlook. AUD/JPY continues its winning streak for the sixth successive session on Monday, hovering around 104.50, a level not seen since April 2013. The persistent upward momentum of the...