Breaking: RBA raises OCR by 25 bps from 2.35% to 2.60% in October, AUD/USD plunges – by FXstreetNews Breaking RBA CentralBanks AUDUSD InterestRate
. If the RBA is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the AUD. Likewise, if the RBA has a dovish view on the Australian economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish.
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