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RBA surprise markets by leaving cash rate unchanged

Tuesday, April 7, 2015 4:44 AM UTC

AUD/USD jumps to 0.7670 bid vs 0.7601 before announcement
USD/SGD last 1.3550-55, down from 1.3565 bid before RBA
Doubt USD/SGD will have much legs below 1.3550 ahead of MAS next week
RBA remains dovish, added lower AUD needed for economy

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RBA surprise markets by leaving cash rate unchanged

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