Aussie in retreat after RBA - here's why

The AUDUSD is down 50 pips from day's highs ahead of the NY open, nothing substantial behind it. The RBA statement contained both positives and negatives. Although the Bank indicated that the appreciating AUD currency will create headwinds for growth and extend the time to reach inflation target, they also stated that the current and forecast
Aussie in retreat after RBA - here's why