Reserve Bank of Australia Rate Unchanged at 1.5%

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  • 07 Nov '17 at 4:53 pm #13268
    Assistanc3
    Participant

    [article]371[/article]

    07 Nov '17 at 5:05 pm #13269
    TradersCom
    Keymaster

    $AUD popped a little on the report but has come off since with some USD buying with Trump in Asia. The report was more dovish with concern on household consumption. There was also more talk of inflation and the strong jobs growth.

    13 Nov '17 at 9:51 pm #13460
    ThePitBoss
    Participant

    $AUDUSD breaks previous double bottom, falls below July 11th lows

    Double bottom from October and November at AUDUSD has taken out the double bottom from October and November at 0.76245-26 – now trading .7621.

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