Aussie Jumps as RBA Holds Steady, Markets Lifted by China’s Stimulus Push
Australian Dollar surged broadly today following RBA’s decision to leave interest rates unchanged at 4.35%, as widely expected. What caught the market’s attention was RBA’s continued focus on inflation risks, making it clear that the central bank is not considering a rate cut anytime soon. During the post-meeting press conference, Governor Michele Bullock downplayed the […] The post Aussie Jumps as RBA Holds Steady, Markets Lifted by China’s Stimulus Push appeared first on Action Forex.
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Australian Dollar surged broadly today following RBA’s decision to leave interest rates unchanged at 4.35%, as widely expected. What caught the market’s attention was RBA’s continued focus on inflation risks, making it clear that the central bank is not considering a rate cut anytime soon. During the post-meeting press conference, Governor Michele Bullock downplayed the […]
The post Aussie Jumps as RBA Holds Steady, Markets Lifted by China’s Stimulus Push appeared first on Action Forex.
