The Reserve Bank of Australia did not change its interest rate. This was no surprise. However, as with the July decision, they also refrained from making any changes to their forecast. This weighs on AUD/USD. Alongside a small correction in favour of the US dollar, AUD/USD is slipping under 0.80, a line it had struggled [...]
The post AUD/USD slips off 0.80 as the RBA sits on its hands appeared first on Forex Crunch.
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