The RBA hold its cash rate at 1.50% today. It was new governor Philip Lowe's first meeting after former governor Glenn Stevens stepped down in September. The rate statement is similar to the previous one and a fairly neutral one.
Aussie fell about 15 pips after the release in a largely sideways market. The pair is at an important inflection point. 2011 - 2016 support/resistance line, 2013 - 2016 downtrend line and 0.77 level form a strong resistance. 50 DMA is the first stronger support.
Read full story
Translate to Inglese Show original

Since you are not logged in, we don't know your spoken language, but assume it is Inglese
Please, sign in or choose another language to translate from the list.

– o –