Open trading account 
Morning Users;
as expected last week the RBA kept Australian interest rates on hold at 2.0% whilst avoiding any suggestion that it would be taking a more dovish tone in coming months. The lack of a clear indication of possible further cuts gave the AUD some respite in the aftermath of the decision but sluggish retail sales figures, the largest ever trade deficit and stronger offshore data saw that the upside for the Aussie was short-lived.With the business week in Australia not getting underway …
as expected last week the RBA kept Australian interest rates on hold at 2.0% whilst avoiding any suggestion that it would be taking a more dovish tone in coming months. The lack of a clear indication of possible further cuts gave the AUD some respite in the aftermath of the decision but sluggish retail sales figures, the largest ever trade deficit and stronger offshore data saw that the upside for the Aussie was short-lived.With the business week in Australia not getting underway …