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RBA rate meeting next week - chance of a cut surges after low CPI

Discussion in 'Fundamental Analysis' started by ForexLive, Apr 27, 2016.

  1. ForexLive

    ForexLive Forum Member

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    The Reserve Bank of Australia meeting is Tuesday (May 3) Its suddenly become a lot more interesting! The shock low CPI result today has seen the market reprice the probability of a rate cut ... form close enough to zero its now around 50% (48, 49 ... something like that depending on who and when you ask)

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