Australian Dollar Sinks Despite RBA Scrapping Bond Yield Target, Where to for AUD/USD – DailyFX

Australian Dollar, AUD/USD, RBA, Yields, Commodities, ASX 200 – Talking Points

• The RBA left the cash rate at 0.10%, but abandoned yield curve control
• Asset purchases to remain at AUD 4 billion per week until February 2022
• AUD/USDmoved to the bottom of the…

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