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  • RBA: Minutes of the Monetary Policy Meeting of the Reserve Bank Board

    From rba.gov.au

    Members noted that the growth rate of the world economy was expected to be at a below-trend pace in 2012, with ongoing weakness in Europe and an easing in the pace of growth in China. However, growth in Australia's major trading partners, weighted by shares of merchandise exports from Australia, was expected to be around average in 2012. This would be underpinned by the continued economic recovery in the United States, the prospect of still-solid growth in China, and a recovery in activity in other parts of east Asia following temporary supply shocks. The financial problems in Europe continued to be a potential ... (full story)

The Board decided to leave the cash rate unchanged at 4.25 per cent.
bull or bear...
bull on aud/usd but to late.
maybe catch some after spike retracement
  •  Guest
  • | IP XXX.XXX.2.69
bull
Jaau,

Always let the market answer that question...on the close of the candle
Quoting Trout
Jaau,

Always let the market answer that question...on the close of the candle
Ok.
  •  Guest
  • | IP XXX.XXX.31.66
should I buy or sell AUD on this circumstances, advice please
sorry for my poor English
  •  Guest
  • | IP XXX.XXX.108.236
It will re-join the downwards trend, unchanged means ''unchanged'' Their stance on it wasnt overly hawkish. Why would it go up?
I catch a piece of the bullish move ;D
pips pips pips pips....
Quoting Guest
should I buy or sell AUD on this circumstances, advice please
sorry for my poor English
If u see bullish h1 candle next hour ..u can go long ..put sl below the low of the bullish candle
Quoting g_6e07a6ad
should I buy or sell AUD on this circumstances, advice please
sorry for my poor English
I belive if H1 closes bellow 1.0337 we will have more bearish, but that's my opnion.
pips pips pips pips....
They basically said that they would cut rates if there wasn't inflation pressures.
In other words, their hands are tied. Sounds bearish to me.
All Asia Stocks are rising , so I will keep my Buy until 10450 , I expect downtrend from there. it's too early for ausi to go down right now
AUD/USD is lost in the woods at the moment. Tread with caution my friends.
  •  Guest
  • | IP XXX.XXX.31.66
thanks for your opinions : andri66 and kelvor
Quoting playmaker1
AUD/USD is lost in the woods at the moment. Tread with caution my friends.
Couldn't agree more. It looks sloppy right now
M5, Daily, 1HR all says bearish
  •  Guest
  • | IP XX.XXX.23.144
ANALysts tipping for a rate cut, but the big 4, are raising their rates, sticking the middle finger up to the reserve bank, don't know what to make of it? I think the banks might have it right, lower interest rates havn't helped USA or EURO
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  •  Guest
  • | IP XX.XX.9.169
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