Australia December 3 RBA Interest Rate Decision flat at 2.5%

AUD/USD sellers monetize range play ahead of RBA

AUD/USD saw a brief drive through 0.9130/35 offers on a positive Australian retail sales (+0.5% vs 0.4%), however, bears managed, yet again, to successfully step in.
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RBA leaves rates unchanged, keeps neutral tone

As widely expected by market participants, the RBA decided to leave the cash rate unchanged at 2.5%, while keeping a neutral language on its statement, neither opening nor closing the door to further rate cuts.
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