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Will the RBA backtrack on QE tapering?

July 22, 2021

Fresh lows yet again for the Australian Dollar overnight, says Craig Killaby from Cambridge Global Payments, its lowest since November 2020 and building on the downward momentum in the pair. This has been off the back of a fairly tough week for the Aussie, he says, centering on some potential risks that the RBA will backtrack on their QE tapering to come in September amid COVID-19 lockdowns in the country.

Watch the video here.