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Aussie lower after RBA offers subtle change to policy guidance

Aussie lower after RBA offers subtle change to policy guidance

The brief drop just below 0.6700 right after the RBA policy decision saw AUD/USD trade to its lowest in two months. For now though, there is some short-term support being held near the figure mark. As for the downside push, it comes as traders take to the statement as one that is less hawkish. Let's take a look at why.

Firstly, let's take a look at the final two paragraphs - which is often the most important ones as... Read More

Posted: Mar 7 2023, 05:00
Author Name: forexlive
Views: 102655

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