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Australian Dollar Sinks Despite RBA Scrapping Bond Yield Target, Where to for AUD/USD – DailyFX

The Australian Dollar weakened immediately after the RBA scrapped its April 2024 bond yield target, but kept rate hike bets in…

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Australian Dollar, AUD/USD, RBA, Yields, Commodities, ASX 200 – Talking Points

  • The RBA left the cash rate at 0.10%, but abandoned yield curve control
  • Asset purchases to remain at AUD 4 billion per week until February 2022
  • AUD/USDmoved to the bottom of the…

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