AUDUSD Screams Higher on RBA Loss of Patience and Higher Commodities

The AUDUSD has surged to a 9-month high at .7639 (1.15%), following a more hawkish RBA meeting and a lift in the commodity complex overnight. At its meeting this afternoon the RBA kept rates on hold at 0.1%, however it removed its dovish forward guidance. The omission of the word “patient” and acknowledgement that inflation […]

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