Hello community,
As my previous post about AUDUSD into RBA meeting: https://www.dukascopy.com/tradercontest/?action=post-read&post_id=51973
Although RBA cut interest rate to 2% but AUD rally. It's not surprise to me because I remember that it's second times market reaction like that! Market is waiting for Monetary policy statement on Friday this week, it will provide more information about monetary policy and economic condition.
Follow the last MPS: Australia housing market, private consumption and employment are picking up. Meanwhile mining investment decline and non-mining has not improve yet.
Regards,
Haynes
As my previous post about AUDUSD into RBA meeting: https://www.dukascopy.com/tradercontest/?action=post-read&post_id=51973
Although RBA cut interest rate to 2% but AUD rally. It's not surprise to me because I remember that it's second times market reaction like that! Market is waiting for Monetary policy statement on Friday this week, it will provide more information about monetary policy and economic condition.
Follow the last MPS: Australia housing market, private consumption and employment are picking up. Meanwhile mining investment decline and non-mining has not improve yet.
Regards,
Haynes
