4 Takeaways from the RBA Statement | Forex Blog: Piponomics: "2. AUD appreciation is still a concern.
Judging from the tone of Governor Stevens, one can conclude that he’s still not happy about the Australian dollar’s levels. “The decline in the exchange rate from its highs a year ago will assist in achieving balanced growth in the economy, but less so than previously as a result of the rise over the past few months,” he pointed out. No wonder AUD/USD dropped it like it’s hot during the announcement!"
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