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Monday, July 20, 2020

Monetary Policy Meeting Minutes to Move the AUD Pairs


Vantage Point Trading https://ift.tt/2COAquY

The Australian Dollar (AUD) is one of the currencies favored by investors during the health crisis. After the initial drop in the global financial markets in March, the AUD pairs recovered swiftly, following US equity markets higher. 
One of the reasons for the strong performance is the way the Reserve Bank of Australia (RBA) reacted to the crisis. For the first time in decades, the Australian economy faced recessionary conditions, and many investors feared that…

The post Monetary Policy Meeting Minutes to Move the AUD Pairs appeared first on Vantage Point Trading.

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