bad jobs report & rba tapers yet the aussie sells off against the dollar ... i smell manipulation to get retail frustrated.
Australia’s central bank left its cash rate at a record low of 0.1% as expected on Tuesday, while confirming plans to taper its massive bond buying program from this month.
The Reserve Bank of Australia (RBA) said it would trim purchases of bonds to A$4 billion ($2.98 billion) a week and continue at this rate until at least mid-February next year.
Australia’s central bank left its cash rate at a record low of 0.1% as expected on Tuesday, while confirming plans to taper its massive bond buying program from this month.
The Reserve Bank of Australia (RBA) said it would trim purchases of bonds to A$4 billion ($2.98 billion) a week and continue at this rate until at least mid-February next year.
Operación activa:
STOP WAS REACHED BUT ONCE AGAIN FOR THE 3RD TIME
