SUBSCRIBE TO FEEDInterest rates expected to remain steady
The Australian dollar is turning lower in currency trading on the FX market today as interest rates are expected to remain steady for some time.
Today, RBA Governor Glenn Stevens pointed out that things have slowed dramatically in the Australian economy recently, and the need for higher rates has been put on hold. GFT’s Boris Schlossberg reports in FX360 on Aussie rates:
Although RBA’s communiqu
