Seems the RBA was happy to off load some AUDUSD into the forex market in June. In May they sold 1.43 Bio.
The large amount implies that the RBA is increasing volumes above 80c. This could be a factor that restrains AUDUSD moving above 81c.
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Australia’s RBA sold A$1.94 Bio in June
Australia’s RBA sold A$1.94 Bio in June
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