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Aussie not finding much in it as the RBA stays on hold ...Middle East
AUD/USD bounced a little around 0.6580 to 0.6590 levels on the decision but that's not indicative of much. The pair remains rangebound, stuck within a 19 pips range on the day. That is telling of the reaction to the RBA's expected decision here. So, what's the main takeaway that we can gather from their latest statement?The hawkish hold remains as the RBA doesn't change much in its statement. There is a continued emphasis that underlying inflation remains too high. That is no different from before.However, this time around the central bank is putting emphasis on their latest forecasts from the Statement on Monetary Policy (SMP). They are making mention that they "do not see inflation returni
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