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Dovish QE taper from the RBA sparks two way AUD volatility

by Joel Frank
7 September 2021
in Markets
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AUD saw two way volatility overnight, rallying initially as the RBA signalled that it would go ahead with plans to taper the weekly pace of QE purchases later this month, but then falling back as the bank opted to push back the timeline to any further QE tapering to at least February to reflect recent Covid-19 related deterioration in the Australian economy.

For more trading details, please check the hyperlinks with time stamp indicated from the video:

0:24 AUD/USD

Tags: AUDCovid-19RBA
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