AUDUSD finds respite after the post-RBA tumble but sellers lurking still via ForexLive

The RBA cut interest rates by 25bps a short while ago and the Aussie $ has tumbled 3 May As Eamonn said in his RBA post some were, surprisingly, calling this a surprise move but there was always (more than) a chance that the RBA might pull the trigger today after recent weak data.