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This week the Central Bank of Australia (RBA) will release its monetary policy decision. High probability that the RBA will keep rates at the current level of 1.5%. Inflation in Australia reduced. In the second quarter it fell to 1.9% from 2.1% in the first. A hint of the possibility of such an outcome gave last week, the head of the Central Bank.
most Likely, will be soft and the accompanying comments. Moreover, an expensive Australian dollar is detrimental to the national economy. GDP growth slowed to 1.7% in Q1 2017 from 2.4% in Q4 2016. And this trend may persist at the end of Q2.
Thus, the AUD/USD has all chances to begin to decline. The primary purpose of the 0.7900 and further to 0,7840. The current growth should be considered as a good opportunity for sales.
Warning: Profitability in the past does not mean profitability in the future. Any projections are for informational purposes and do not guarantee results.
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Aussie dollar, the RBA, Australia, the Forex Club
Not found economic events 2017-07-31 on 2017-08-04
Commodity market. Oil sets sights on continued growth 28.07.2017 at 13:19
The foreign exchange market. The ruble could close the week below 59 27.07.2017 at 21:10
The foreign exchange market. Euros gives the chance to buy 27.07.2017 at 11:35
The foreign exchange market. Oil prices push the ruble to 59 26.07.2017 at 14:51
SILVER: the current decline is a good possible to shop 26.07.2017 at 12:29
The foreign exchange market. Australia does not need an expensive currency 26.07.2017 at 10:11
The foreign exchange market. The ruble will reach 60,60 25.07.2017 at 16:46
The foreign exchange market. The Euro will rise long 25.07.2017 at 15:16
The foreign exchange market. And now sell the ruble 24.07.2017 at 15:38
The foreign exchange market. The yen has nowhere to grow 24.07.2017 at 04:11