Data today showed the Australian current account deficit was wider than forecast. Meanwhile, the RBA held a policy meeting and announced it kept its main cash rate at 1.5%. There was no significant change to the policy statement by the central bank. The AUD/USD pair reached the $0.76 handle yesterday for the first time since April, gaining as a result of risk appetite in the markets but eased lower post-RBA. Focus turns to tomorrow’s Australian GDP number.
Aussie slips after RBA
Analisi Giornaliera - 05/06/2018