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Aussie slips as the RBA presses the pause button

The market pricing heading into today's decision showed roughly 63% odds for a no change move, so it isn't an overwhelmingly disappointing decision for aussie bulls. Besides that, the RBA kept any language changes to a minimum and the forward guidance is more or less left the same as it is before. The only thing is that they reaffirm that this move is to reassess the situation.AUD/USD did fall but from around 0.6680 to around 0.6650 levels at the moment. The drop isn't much as markets might stil... Read More

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Posted: Jul 4 2023, 04:48

Author Name: forexlive

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