Aussie recovers from RBA policy with gains against the Kiwi

Source: WBP Online
© FP
The Australian Dollar trimmed its previous losses that originated in the RBA rate cut as well as the weak inflationary environment. The Aussie gained 0.5% and traded at 1.0781 New Zealand dollars at 2 PM GMT, awaiting the release of the minutes from the RBA monetary policy meeting. The minutes will potentially provide insights into whether further easing should be anticipated.
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Mon, 16 May 2016 10:07:04 GMT

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