AUD/USD: a correction is expected today, but not below the level 0.7380. Fundamental analysis for 10.06.2016.

Forex analytics: After on Tuesday the RBA left its benchmark interest rate at the current level of 1.75%, and after the publication of weak US NPFR data on Friday, AUD/USD pair increased by 270 points, i.e. by 3.7% from the beginning of the month, reaching 0.7500.Previously, in early May, the RBA cut interest rates to the level of 1.75%, for the first time since June 2015. However, amid the events of recent ...