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Australian Dollar: Dovish RBA hike yet year-end 0.7100 target – ING

FXStreetAustralia

Australian Dollar: Dovish RBA hike yet year-end 0.7100 target – ING

ING’s Francesco Pesole reports the Australian Dollar fell after the RBA raised rates to 4.85% but signalled a more dovish stance via a 6-3 vote, softer guidance and a weaker economic outlook.

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