0015 GMT - AUD/USD may rise as much as 1.0% if the RBA keeps rates unchanged, CBA's Kristina Clifton says in a research report. "Our analysis of past decisions suggests AUD/USD could lift by up to 1.0% 30 minutes after the decision if the RBA leaves the cash rate at 4.35%," the senior economist and currency strategist says. How far AUD/USD climbs will depend on the RBA's post-meeting statement and press conference, Clifton says. If the statement suggests a rate cut will be delivered soon, AUD/USD's rise may be smaller. However, if the statement is non-committal about a rate cut, AUD/USD could rise by more than 1%, Clifton adds. AUD/USD is 0.1% lower at 0.6351. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
February 17, 2025 19:15 ET (00:15 GMT)
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