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EURAUD: Downside pressure intensifies after RBA statement

Larince Zhang -
The Reserve Bank of Australia announced a 25 basis point rate hike to 3.35% (the highest level since September 2012), in line with market...

Inflation boosts RBA’s 2023 interest rate outlook

Ady -
Australia's Monthly CPI indicator rose to 7.3% in the year to November, surpassing market forecasts of 7.2% y/y thus fuelling forecasts of further rate...

AUDJPY: Rounding Top Downside Breakout Detected

Ady -
AUDJPY, Daily The RBA appeared to fulfil market expectations by offering clues in the RBA minutes on when it will end its tightening cycle. According...

Events to Look Out For Next Week

Analysis Team -
Following Chair Powell and economic data that weighed on USD this week, the strong NFP numbers (263k vs. 200k) managed to reverse that pressure....
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