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RBA Maintains Current Policy Settings


Forex Attack Team
Forex Attack Teamhttps://forexattack.com
The Forex Attack Team researches and publishes thought-provoking news, analysis, and opinion pieces on the global financial markets. We provide in-depth coverage of forex, commodities, and indices.

At its meeting today, the Reserve Bank of Australia Board decided to maintain its current policy settings. This includes targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points.

The AUDUSD has remained relatively flat on the news. The Aussie dollar was unable to sustain a move above the 0.715 level in late London session trading. As of 10 a.m. EST the pair is trading around the 0.7131 range, up 0.10% on the day.

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