Monday, June 30, 2014

Daily Report: Aussie Higher as RBA on Hold, Manufacturing Data Watched

Aussie strengthens mildly after RBA left rates unchanged at 2.50% as widely expected. The central bank reiterated in the accompanying statement that "the most prudent course is likely to be a period of stability in interest rates." Regarding the economy, it expected growth to remain "a little below trend over



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