Aussie dollar higher after RBA

Author: Mike Paterson | Category: Central Banks

AUDUSD posting new session highs of  0.9042 as some stops triggered through 0.9035

AUDJPY 0.8995

Falling back a little as I type

Like some of the comments I do think the rally should be limited given the references to “further adjustment” to policy and “AUD could fall further” but markets keen to cover shorts at the very least for the moment.

The fact that he’s omitted the “scope for further easing” passage from the statement is the main take-away. Eamonn gave the pointers on what to look for here

Sell orders seen at 0.9050

By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose