AUD/USD retreats towards 0.6700 on downbeat RBA Minutes, PBOC inaction – by anilpanchal7 AUDUSD RBA PBOC RiskAppetite Fed
RBA Board showed readiness to do what is necessary to tame inflation, PBOC keeps LPRs unchanged.Qualitative catalysts, second-tier housing data to entertain traders before Fed’s monetary policy announcements.
Also, the People’s Bank of China keeps the one-year and five-year Loan Prime Rate unchanged at 3.65% and 4.30% respectively, which in turn poured cold water on the face of expectations of a rate cut and weigh on Aussie prices.
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