Breaking: RBA ends QE and holds rates at 0.1%, AUD/USD falls 50 pips on knee-jerk By FXstreetNews Breaking RBA AUDUSD
. If the RBA is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the AUD. Likewise, if the RBA has a dovish view on the Australian economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish., and are explained in a media release which announces the decision at 2.30 pm after each Board meeting.
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