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RBA decision as expected - response of the Australian dollar

Discussion in 'Fundamental Analysis' started by ForexLive, Feb 2, 2016.

  1. ForexLive

    ForexLive Forum Member

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    The Reserve Bank of Australia left the cash rate on hold, as expected The accompanying statement flagged some concerns, rightly so, China headwinds, other overseas issues. but, and again rightly so, it pointed to promising developments domestically - labour force growth, low inflation.

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