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RBA to stand pat at 4.35% Aussie may not be affected from this meeting Decision due on Tuesday at 3:30 GMT RBA policy to remain unchanged The upcoming Reserve Bank of Australia (RBA) policy meeting on November 5 is highly anticipated, with the bank adopting a wait-and-see approach and holding the cash rate steady while monitoring economic developments. […]

The post RBA in Wait-and-See Mode Despite Drop in Inflation appeared first on Action Forex.

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18/12/2023

CADJPY Wave Analysis

CADJPY reversed from support level 104.60 Likely to rise to resistance level 107.00 CADJPY today reversed up from the key support 104.60 (which has been repeatedly reversing the price from July) standing below the lower daily Bollinger Band. The key support 104.60 was strengthened by the 38.2% Fibonacci correction of the upward impulse from March. […]
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