• RBA keeps cash rate at on hold at 2pc for third month
  • Although the economy was expanding at a slower than its historic average, employment growth has been "stronger", helping keep the unemployment rate steady.
  • The Australian dollar is adjusting to the significant declines in key commodity prices. The AUDUSD has plunged 22 percent over the past year.
  • The RBA expects The Federal Reserve to start increasing its policy rate later this year.
Check out a more detailed analysis on the link, below
AUD/USD: Fundamental and Technical Analysis

Happy Trading

LloLor
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