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AUD/USD Rate to Stay Afloat as RBA Refrains from Bond Purchases – DailyFX

The Reserve Bank of Australia (RBA) Minutes may keep AUD/USD afloat as the “the Bank has not purchased government bonds for some time.”

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Australian Dollar Talking Points
AUD/USD trades near the monthly high monthly high (0.7001) ahead of the Reserve Bank of Australia (RBA) Minutes, and the statement may keep the exchange rate afloat as the Bank has not purchased government bonds for some time.
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