The RBA cut rates 25 bps in both its February and May meetings, yet AUDUSD remarkably held strong after initial losses in both instances. Debating a rate cut again this meeting, a hold gives a more decisive outcome.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.