AUD/USD Maintains Bearish Momentum After Unsurprising RBA Announcement to Hold

The Reserve Bank of Australia held the official cash rate at 4.25% as expected.  Heading the AUD/USD got some strength from a better-than-expected Chinese manufacturing PMI data. However, the after the RBA announced its rate-hold, the AUD/USD charged briefly across 1.0450, but fell relatively... FF News: Technical

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Aussie Still Exposed to Relative Underperformance Following Dovish RBA

Overall, it has been an uninspired start to the week, with Monday's price action failing to offer any hints into direction and Tuesday showing more of the same. The key event on the day thus far has been the RBA rate decision, with the Australian central bank leaving rates on hold at 4.25% as was... FF News: Technical

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