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RBA leaves cash rate unchanged at 4.35%, as expected

RBA leaves cash rate unchanged at 4.35%, as expected

Prior 4.35%Inflation continues to moderate, but is declining more slowly than expectedThe economic outlook remains uncertainRecent data have demonstrated that the process of returning inflation to target is unlikely to be smoothPersistence of services inflation is a...

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RBA in focus, what levels to watch out for in AUD/USD?

RBA in focus, what levels to watch out for in AUD/USD?

The RBA is back in action this month and things are certainly getting quite interesting for Australia's central bank. We've gone from thinking about rate cuts to rate hikes now. So, the question is will the RBA acknowledge those developments? And if so, what sort of...

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USD/JPY to a fresh session high

USD/JPY to a fresh session high

USD/JPY jumped earlier on comments from Kanda pointedly not responding to Yellen - tensions are evident in the intervention realm:USD/JPY shot up to around 154.25/30 before retracing all of its gain ... and has since shot even higher, circa 154.40+ as I post....

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Australian Q1 Retail sales -0.4% q/q vs. -0.2% expected

Australian Q1 Retail sales -0.4% q/q vs. -0.2% expected

more to comeAustralian Q1 Retail sales -0.4% q/q vs. -0.2% expected and +0.3% priorThe sustained high cash rate and cost of living pressures are weighing on Australian spending. Despite the RBA holding the cash rate high, inflation is showing a tendency to be sticky...

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Reserve Bank of Australia preview – more hawkish

Reserve Bank of Australia preview – more hawkish

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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