Australia RBA Interest Rate Decision in line with forecasts (2%)

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RBA leaves rates on hold at 2%, AUD adjusting to evolving economic outlook

The RBA kept its cash rate on hold at 2% as expected, providing yet again another neutral view on rates, while noting that the exchange rate has been adjusting to the evolving economic outlook.
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AUD/USD rebounds towards 100-DMA on RBA’s status quo

The AUD/USD pair found fresh bids near daily lows and swung back higher following the RBA’s rates on-hold monetary policy decision.
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