Australia RBA Interest Rate Decision :2.5% in March 4

FXStreet.com (Barcelona)

Mar 4, 2014

GBP/JPY tries to settle above 169.00

GBP/JPY is reluctantly drifting higher in Asia after a sharp drop late on Monday, as the cross opened at 168.95 and moved to the current intraday high at 169.25. Now GBP/JPY is trading above 169.00 at 169.12

RBA keeps rate at 2.5%, retains neutral stance

At its monetary policy meeting today, the RBA Board decided to leave the cash rate unchanged at 2.5 per cent, with the statement retaining its neutral rhetoric.