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Australian Dollar remained stable after RBA decided to keep the cash rate unchanged at 4.35% as widely expected. In the post-meeting press conference, Governor Michelle Bullock acknowledged that there has been “good progress” in reducing inflation. However, the central bank did not adopt a more dovish stance, which came as a surprise to some market […]

The post No Dovish Shift from RBA, Aussie Holds Ground with Rate Cut Delays Possible appeared first on Action Forex.

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