Analytics

RBA minutes opened the door

RBA may lower rates

The minutes of the last meeting of the Reserve Bank of Australia’s monetary policy committee were published yesterday. In the document, the regulator expressed concerns about the slowing growth of the population’s wages, which will negatively affect inflation.

Optimism will return if the US and China nevertheless enter into a trade agreement. As you know, China is an important economic partner of Australia.

 

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AUD/USD Sell carefully

 

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News, Trends, & Analytics 08.08.2019

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