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  • Aussie Recovers as RBA Gives No Hint of Imminent Rate Cut
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Aussie Recovers as RBA Gives No Hint of Imminent Rate Cut

Stock Hedges 1 year ago 1 min read

Coin stacks and chart graphs on a chessboard background. Horizontal composition with selective focus and copy space.

Australian Dollar recovers broadly today after RBA stands pat. More importantly, the central bank gives no hint of an imminent rate cut in the accompanying statement. It actually sounds quite comfortable with the current policy. Markets are relatively mixed elsewhere. Sterling turned mixed after yesterday’s selloff . Yen also turned mixed as risk markets stabilized, […]

The post Aussie Recovers as RBA Gives No Hint of Imminent Rate Cut appeared first on Action Forex.

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