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AUD: RBA hike expected next week – TD Securities

TD Securities anticipates a 25bps hike from the RBA next week, driven by a firmer growth outlook and inflationary pressures. The report by Prashant Newnaha and Alex Loo, highlights that if the RBA raises rates, it may be viewed as an insurance hike, indicating no immediate follow-up hikes.
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EUR/USD: Testing upside ahead of ECB meeting – Commerzbank

Commerzbank's report by Erik Liem and Rainer Guntermann highlights a shift in focus back to Europe following the Fed's recent decisions. The EUR is currently testing the upside as the market anticipates final ECB guidance before the upcoming Council meeting.
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