Connect with us

Business

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…

Published

on

Article feature image
ADVERTISEMENT

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…

Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending