Aussie Recovers with RBA Hold and China Stocks Rally, But Momentum Tepid

<p><img width="612" height="413" src="https://www.actionforex.com/wp-content/uploads/2023/06/f-aud162.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/uploads/2023/06/f-aud162.jpg 612w, https://www.actionforex.com/wp-content/uploads/2023/06/f-aud162-600×405.jpg 600w, https://www.actionforex.com/wp-content/uploads/2023/06/f-aud162-150×101.jpg 150w, https://www.actionforex.com/wp-content/uploads/2023/06/f-aud162-300×202.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Australian Dollar recovered mildly today, but momentum is so far limited. While RBA softened the hawkish stances after standing pat on rates, the left is still left open for more tightening. Governor Michele Bullock emphasized in the post-meeting press conference that the inflationary battle is far from won, while the board would keep this option […]</p>
<p>The post <a href="https://www.actionforex.com/action-insight/market-overview/538491-aussie-recovers-with-rba-hold-and-china-stocks-rally-but-momentum-tepid/">Aussie Recovers with RBA Hold and China Stocks Rally, But Momentum Tepid</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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