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Flash: RBA rate cut revised to March 2014 - Goldman Sachs

FXstreet.com (Barcelona) - Following the decision by ANZ Economists to no longer expect rate cuts by the RBA, as opposed to its long-held view of yet another to come, now is Goldman Sachs who revises too its RBA rate forecast, still calling for another rate cut worth 25bp, but expected at March 2014 now vs November 2013.

AUD/JPY tamed below 94.50

AUD/JPY can’t break through and consolidate above 94.50 for good despite attempts to surpass monthly highs this week. Accumulating minimal pips gained after the release of all data for both Australia and Japan – China as well considering correlation levels with commodity pairs – the pair extends sideways trading since opening.
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AUD/USD eases on profit-taking after a week of stellar gains

The AUD/USD is trading slightly downwards on Friday after a week of sharp gains –precisely after seven consecutive “green” days of high gains – mainly due to a slight profit-taking amidst one more typical lethargic Friday.
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