Aussie lower versus Greenback after RBA's review

Source: FXstreet
The Australian Dollar dropped against its US counterpart on Friday, following the RBA's review of financial stability, which pointed to higher downside risks in domestic housing and mortgage markets. The AUD/USD pair slipped 0.4% to trade at $0.7295 by 07:20 AM GMT. Meanwhile, the latest economic data from Australia, including the jobs report, added to the rising speculations that the RBA may cut rates again as early as next month. 

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.