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The inflation rate is forecast to be 2.5% in Australia and 4.5% in the U.S. The current spot rate AUD/USD is 1.2771. Ceteris paribus, the

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The inflation rate is forecast to be 2.5% in Australia and 4.5% in the U.S. The current spot rate AUD/USD is 1.2771. Ceteris paribus, the supply of USD to shift and the demand for USD to shift hence, the exchange rate will O rightward; leftward; rise Orightward; leftward; fall O leftward, rightward, rise leftward; rightward; fall

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