Aussie Tanks, Driven Down by Prospects for Interest Rate Cut

May 22,2019 13:22   Source:Earnforex
The Australian dollar sank today after the central bank signaled that it may cut interest rates at its next monetary policy meeting. While market participants were already expecting a rate cut in the near future, the confirmation of the dovish outlook still hurt the currency. The Reserve Bank of Australia released today minutes of the monetary policy meeting that happened two weeks ago. While no change to monetary policy was […]

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