FOREX-Aussie hit by RBA cut, US dollar also struggles – Reuters
 The Guardian |
FOREX-Aussie hit by RBA cut, US dollar also struggles
Reuters * RBA surprises markets with 50 bps rate cut, Aussie tumbles * Dollar index hits 2-month low after lacklustre US data * Safe-haven yen hits 2-month high vs dollar * Dollar/yen charts look bearish after major supports broken By Neal Armstrong LONDON, … FOREX-Aussie slumps after RBA surprise, dollar near 2-mth low Forex: AUD/USD down 1 cent on RBA 50bp cut Forex – Australia: RBA 1 May Meeting – Larger than expected 50bp cut to 3.75% |
