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The Reserve Bank of Australia (RBA) announced earlier today that it is keeping the cash rate level at 0.25%. While the cash rate decision is usually priced into the market, the announcement comes with a statement from the RBA Governor that created volatility in the AUD related pairs.
Today’s statement by Governor’s Lowe on the monetary policy in Australia emphasized the challenges posed by the coronavirus globally, and how the RBA responded to the internal…
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