Gold77, your guess as good as mine post news reaction. The price action is telling me that the anticipation of no rate cut today so I don't think more selling post news. AUD tradrs I suspect have factored this anticipation with the price now in rally mode leading into the news.
If the xjo rallied into the news like the March/April factoring economist consensus forecast that disappointed then the big sell off of the disappointment. Here the market looks clearly expecting no stimulus.
Gold77, your guess as good as mine post news reaction. The price...
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Last
8,295.1 |
Change
68.800(0.84%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,226.3 | 8,319.4 | 8,226.3 |
| XJO (ASX) Chart |