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AUDUSD lower on the day after squeeze higher post RBA decision yesterday stalls

The Reserve Bank of earlier in the change and go to sleep 10%Australia kept rates unchanged yesterday at 4.10%. There were some expectations for a 25 basis point hike (around 60-40 for unchanged vs 25 bp hike). The Reserve Bank of Australia (RBA) said the decision was driven by factors including slowed growth in the Australian economy, easing conditions in the labor market, and uncertainties around household consumption. However, the RBA is considering further tightening of monetary policy as a... Read More

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Audusd

Lower

After

Squeeze

Higher

Post

Decision

Yesterday

Stalls

Forex

Posted: Jul 5 2023, 15:05

Author Name: forexlive

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