RBA Cuts Rates, AUDUSD Gains

Unsurprisingly, the Reserve Bank of Australia cut benchmark interest rates to a five decade low in the overnight session. The decision helped the AUDUSD gain on the session, now higher by 0.52%. Given the fact that rates were reduced, the day’s gains have some wondering – what just happened with the…

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RBA Cuts Rates, AUDUSD Gains – What Gives?

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