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Can Aussie Dollar Maintain its 3% Yield?

posted by Avatar fx360 1054 days ago in USD, AUD, Technical

The Reserve Bank of Australia left its monetary policy unchanged keeping the benchmark rate at 3.00% - the highest amongst the major industrialized nations. However, the RBA Governor Stevens noted that, “The board's current view is that the outlook for inflation allows some scope for further easing of monetary policy, if needed.”
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