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AUD has trimmed earlier gains in the wake....>

AUSSIE
AUSSIE: AUD has trimmed earlier gains in the wake of the RBA's monetary policy
decision, but overall reaction was very limited. Gov Lowe & co. left policy
settings unchanged, as was widely expected, and broadened the range of
securities accepted as collateral for the RBA's market operations. The central
bank noted that it expects Australia's GDP to contract by 10% in H1 2020 and by
6% through this fiscal year. More colour can be found on earlier RBA bullets.
- AUD/USD last sits +14 pips at $0.6442; AUD/NZD trades +4 pips at NZ$1.0629;
AUD/JPY changes hands +9 pips at Y68.69. Familiar technical levels remain in
play.

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