RBA leaves interest rates unchanged at 1.5%

Meeting statement also in line, as expected

• Vote unanimous
• Higher AUD is restraining inflation pressure
• Growth may be slower than forecast with higher AUD
• Economy continues to improve
• AUDUSD 0.7800 , a couple of spreads lower from 0.7820 going into the meeting
• AUDNZD 1.0880

Link to the statement here

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K-man

Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

Read how Koen got into trading here

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