What factors are influencing the Australian dollar's performance?
Nomura: RBA Has Eased Off the Accelerator
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The transcript discusses the Reserve Bank of Australia's (RBA) flexibility in monetary policy amid COVID-19 uncertainties, highlighting adjustments in cash rates and quantitative easing. It examines Australia's economic data, noting strong housing market performance and labor shortages. The discussion also covers the Aussie dollar's outlook, influenced by domestic economic strength and global risk sentiment, with a focus on the US dollar's impact.
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OPEN ENDED QUESTION
3 mins • 1 pt
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What are the expected trends for the Aussie dollar in the medium term?
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