Reactions to the RBA Rate Cut – AUD/USD, EUR/AUD, AUD/NZD

The Reserve Bank of Australia met and decided to cut its official cash rate by 25 basis points, making it 3.00%. There are some mixed reactions in different AUD-crosses. Let’s take a look at the AUD/USD, EUR/AUD, and AUD/NZD. 1.04 Support: The AUD/USD has been trying to stay above 1.04 since…

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Reactions to the RBA Rate Cut – AUD/USD, EUR/AUD, AUD/NZD

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