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Nov 02 - 02:55 AM

AUD/USD - Offered Again As Lowe Pushes Back On 2022 Rate Rise

By Krishna K  —  Nov 02 - 01:22 AM
  • AUD/USD down 0.4% as RBA pushes back on hawkish expectations nL1N2RT05Q

  • RBA abandons yield control, drops projection for no rate rise until 2024

  • C.bank downplays concerns on inflation, prepared to be patient on policy

  • Gov.Lowe says 2023 rate rise possible, sees none in 2022 nS9N2QH00J

  • AUD undermined as Dalian iron ore falls 10% limit down nL4N2RT0TP

  • Support 0.7480-85, 0.7450-55, resistance 0.7530-35, 0.7555-60

  • For more click on FXBUZ


aud/usd: Click here

Source:
Refinitiv IFR Research/Market Commentary

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