No Change in Rates: RBA - Forex News by FX Leaders

No Change in Rates: RBA

Posted Tuesday, February 5, 2019 by
Rowan Crosby • 1 min read

As expected the RBA has kept rates on hold.

The statement suggests the low level of rates is helping to support the economy and lift jobs.

They are still stating that inflation is low and will increase gradually.

Nothing really new in my opinion.

The AUD/USD has jumped and is back green on the day after testing 0.7200 earlier on the weak retail sales number.

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About the author

Rowan Crosby // Asia-Pacific Analyst
Rowan Crosby is a professional futures trader from Sydney, Australia. Rowan has extensive experience trading commodities, bonds and equity futures in the Asian, European and US markets. Rowan holds a Bachelor of Finance and Economics degree and is focused heavily on Investment Finance and Quantitative Analysis.
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