Australia RBA Interest Rate Decision in line with forecasts (1.5%)

Mar 7, 2017

EUR/JPY rebounds from 5-DMA

EUR/JPY found takers at the 5-DMA level of 120.47 and jumped to a high of 120.66 in Asia. The cross dropped from 121.13 to 120.34 on Monday as the ri

As widely expected, the RBA has decided to keep its interest rate unchanged at 1.5%, with the policy statement keeping a neutral bias. The RBA noted: