The RBNZ leaves the rate unchanged, as in Australia, finding a balance in the interest rates is a big headache for the RBA, as the real estate market boom spurs prices growth.
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The RBA is caught in-between two economic extremes, which made them keep the rates unchanged. The Euro and Pound are slowly falling, as the Dollar has started to gain momentum ahead of the FOMC protocol.
The EUR and GBP are on a rally, as the Dollar is still in a slump. AUD/USD is rushing to new heights and will likely grow even more, as soon as unemployment is under control.
RBA head Glenn Stevens says the board of directors decided to stay put on cutting rates as it squares with stable economic growth and steady inflation targets.
All the estimates seem to be slightly behind the forecasts as the results are slowly coming in.
The rout on equity markets because of falling has Oil resumed today, sending Yen to a substantial rally against EUR and USD.