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AUSTRALIA
MNI (London)
AUSTRALIA: The lack of dovish rhetoric in the minutes from the RBA's latest
MonPol decision and upbeat view on growth and the domestic labour market allowed
the RBA to reiterate that the next move in its cash rate will likely be up, as
opposed to down.
- This put a modest bid into the AUD, with AUD/USD adding around 10 pips post
release, while the AU rates space is virtually unchanged.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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