AUD Negative Bias Ahead Of RBA Decision

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 4, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Overnight Australian February retails sales m/m disappointed coming in unchanged against 0.4% expected. The weaker retail sales highlight the risks building in domestic data downside expectations given the tightening in monetary and fiscal conditions. At tomorrow RBA policy meeting we expect the committee to stand pat yet the risk towards[​IMG]

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