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1 Jul 2016

Reuters poll: RBA seen holding rates at July 5 meeting

According to the latest Reuters poll, the Reserve Bank of Australia (RBA) is seen holding the official cash rate (OCR) at its monetary policy review meeting scheduled next week.

Key Details:

35 out of 37 respondents see rates on hold at 1.75% next meeting on 5 July

Majority expect RBA will ease in Q3 2016

Meanwhile, the AUD/USD pair is seen re-attempting 100-DMA barrier at 0.7460, recording a +0.11% gain on the day.

Jul 1, 2016

GBP/USD could visit 1.2972/65 – Commerzbank

In view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair could slip towards lows in the 1.2970/65 band. Key Quotes “GBP/USD

Confirming you are not from the U.S. or the Philippines

Reuters poll: RBA seen holding rates at July 5 meeting

GBP/USD could visit 1.2972/65 – Commerzbank

NZD/USD hints at dip buying