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EURUSD: Long Term Analysis & Intraday Forecast

The Reserve Bank of Australia (RBA) on Tuesday joined the Federal Reserve in a chorus of caution as it pushed back against bets for imminent rate cuts, and even kept a tightening bias at the conclusion of its policy meeting.

That may now have become all too familiar for investors, who for most of the past few months had been ploughing into stocks as the Fed signalled it was finished hiking.

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