{"id":21551,"date":"2011-06-07T08:20:46","date_gmt":"2011-06-07T12:20:46","guid":{"rendered":"http:\/\/www.forexyard.com\/blog\/en\/?p=14568"},"modified":"2011-06-07T08:20:46","modified_gmt":"2011-06-07T12:20:46","slug":"rba-holds-rates-aud-and-stocks-flatten","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/06\/07\/rba-holds-rates-aud-and-stocks-flatten\/","title":{"rendered":"RBA Holds Rates, AUD and Stocks Flatten"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/profile-pics\/8.jpg\" width=\"120\"  alt=\"printprofile\" \/><\/p>\n<p>The Reserve Bank of Australia (RBA) held its short-term interest rates steady this morning and so far traders have seen the country\u2019s stocks flatten out with moderate bearish pressure on the Australian dollar (AUD) arising.<\/p>\n<p><span id=\"more-14568\"><\/span>The decline in oil and other commodity prices may partially explain the <a href=\"http:\/\/www.forexyard.com\/blog\/en\/2011\/06\/01\/australian-gdp-contracts-1-2-aud-shrugs-continues-climb\/\">AUD\u2019s slump<\/a>. The combined force of pessimism, which appears to have reared its head after this rate statement, and a drop in the price of physical assets has so far put a dent in the Aussie\u2019s value and could continue to do so throughout the week.<\/p>\n<p>Read more forex trading news on our <a href=\"http:\/\/www.forexyard.com\/blog\/en\/\">forex blog<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p> The Reserve Bank of Australia (RBA) held its short-term interest rates steady this morning and so far traders have seen the country\u2019s stocks flatten out with moderate bearish pressure on the Australian dollar (AUD) arising.<br \/>\nThe decline in oil and ot&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-21551","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/21551","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=21551"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/21551\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=21551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=21551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=21551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}