Australia RBA Interest Rate Decision meets forecasts (2%)

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Jul 7, 2015

AUD/USD weakness might stay limited to 0.7420/25 – UOB

Analysts at UOB Group see limited downside potential for AUD/USD, expecting 0.7420/25 to hold the losses for the pair.

RBA interest rate firm at 2%, no explicit bias

As widely expected, the Reserve Bank of Australia, at its meeting today, decided to leave the cash rate unchanged at 2.0 per cent, offering no explicit bias on its next policy move.