Aussie Falls on RBA Dovish Shift; China’s Stimulus Optimism Wanes

Australian Dollar dropped sharply in Asian session following a significant dovish turn in RBA’s communication. After holding rates steady at 4.35%, the central bank signaled growing confidence that inflationary pressures are easing, marking a departure from its previously vigilant tone. While May remains the most likely timing for a rate cut according to many economists, […]

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