thanks to the RBA reducing their bond asset purchases (aka they're tapering) .. Aud should see a nice bounce.
All of these banks are tapering except or usd.. that should be a signal within itself.
"Defying expectations, the central bank is sticking with its plan to taper asset purchases from AUD5b to 4b until mid-February 2022"
All of these banks are tapering except or usd.. that should be a signal within itself.
"Defying expectations, the central bank is sticking with its plan to taper asset purchases from AUD5b to 4b until mid-February 2022"