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KIRBY

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KIRBY

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Re: KIRBY post# 140103

Monday, 12/05/2016 10:25:27 PM

Monday, December 05, 2016 10:25:27 PM

Post# of 140146
A/U climbing , decision 6 min .


Upbeat RBA to Fuel AUD/USD Rebound- 0.7530 Hurdle in View

The Reserve Bank of Australia (RBA) is widely expected to keep the official cash rate at the record-low of 1.50% at the last policy meeting for 2016, and more of the same from Governor Philip Lowe and Co. may fuel the near-term rebound in AUD/USD as the central bank appears to be gradually moving away from its easing-cycle.

"Life is Short, Trade Hard "

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