RBA SoMP: Board prepared to ease policy further if needed, Aussie below 0.6900

The Reserve Bank of Australia (RBA) is out with its quarterly Statement on Monetary Policy (SoMP) on Friday, with the key highlights found below. BOAR
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AUD/USD trims gains as RBA SoMP downgrades growth forecast

AUD/USD has backed off from the session high of 0.6906 to 0.6895 in response to the downward revision of the Aussie growth forecast by the Reserve Ban
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