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AUD/JPY: The Gap, Gap

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 4, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    At the April meeting, before the 25 May 2015 25 basis point OCR rate reduction, the Reserve Bank of Australia had left the OCR at 2.25% noting that “...Commodity prices have declined over the past year... ...These trends appear to reflect a combination of lower growth in demand and, more importantly, significant increases in supply... ...Prices for key Australian exports have also been falling... ...it appears likely that inflation will remain consistent with the target over the next one to two

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