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AUD/USD: RBA seems content, Turnbull not so - Scotiabank

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 19, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysts at Scotiabank noted the recent bid tone in the Aussie.

    "The RBA minutes noted that easy policy settings were appropriate and that the strong AUD would hinder the rebalancing of the economy.

    Additionally PM Turnbull is set to call an early election (July 2) after the Senate blocked legislation aimed at reducing union powers."
    For more information, read our latest forex news.
     

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