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BoE left interest rates unchanged

As it was largely expected the Bank of England’s Monetary Policy Committee at its meeting on 8 July voted to maintain Bank Rate at 0.5%. The Committee also voted to maintain the stock of purchased assets financed by the issuance of central bank reserves at £375 billion.The minutes of the meeting will be published at 9.30 a.m. on Wednesday 22 July.
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RBA leaves interest rates unchanged

As it was largely expected RBA left interest rates unchanged. The Board judged that leaving the cash rate unchanged was appropriate at this meeting. Information on economic and financial conditions to be received over the period ahead will inform the Board's assessment of the outlook and hence whether the current stance of policy will most effectively foster sustainable growth and inflation consistent with the target.
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PBoC once again cuts interest rates

It was another uneventful morning part of the session for Aussie however, with initial bearish gap as over the weekend, the People's Bank of China cut interest rates and its deposit rate to 4.85% and the deposit rate to 2% respectively from Sunday. Furthermore, Greek concerns also had effect on Aussie.
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Aussie lower due to fall in iron ore prices

There were no data releases from Australia this morning, but despite that fact and the bit dovish tone of yesterday's Fed statement, Aussie was pushed lower this morning currently being traded around 0.7720 area. The U.S. central bank indicated Wednesday it is likely to raise the ultralow interest rates later this year although its policy-setting panel gave no new words regarding exactly when it could take place. Markets were hoping for some kind of confirmation of September rate hike.
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