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FOREX TRADING NEWS ONLINE
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Currency Trading News by DailyFX
Australia Cuts Interest Rates by 1%, RBA Signals Easing Over
The Reserve Bank of Australia cut interest rates by a greater-than-expected 100 basis points, bringing borrowing costs to six-year low at 4.25%. As had...
RBA Cuts Interest Rates by 100bp, to 4.25%
The Reserve Bank of Australia slashed its benchmark cash rate by 100bp to 4.25%. Economists expected a cut of 75bp to 4.50%. The RBA's announcement stated...
Australian Current Account Deficit Improves Sharply As Exports Rise
Australia?s current account deficit narrowed to -$A9.74 bln in Q3 after exports jumped nearly $A7 bln from the three-month period prior. The move marks...
Australian Retail Sales Beat Expectations, Rise 0.7%
Seasonally adjusted Australian Retail Sales for the month of October rose 0.7% after economists called for a decline of -0.2%. The sharp change comes after...
An RBA Rate Cut Could Lead To The Formation Of A Technical Bottom.
The RBA is expected to cut their benchmark rate by 75 bps at their policy meeting as the Australian economy is heading toward a recession. There has been...
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