First appeared on eFXplus on Sep 03 - 12:35 AM
- RBA held cash rate steady at 1.0% and there was little change to statement
- RBA maintained easing bias saying they will "ease monetary policy if needed"
- AUD/USD has moved back to 0.6710, as there were no dovish tweaks nRBA
- Resistance at yesterday's 0.6735 high and break eases downward pressure
Refinitiv IFR Research/Market Commentary