July 05, 2010

AUD/USD: Trading the Reserve Bank of Australia Interest Rate Decision

As the Reserve Bank of Australia is widely expected to hold borrowing costs steady for the second consecutive month in July, the neutral policy stance adopted by the central bank could weigh on the exchange rate as investors curb expectations for future rate hikes.

...
Read More...
[Source: DailyFX Forex Market News]

No comments:

Post a Comment