AUD/USD support at 0.7800 expected to hold – OCBC

Emmanuel Ng, FX Strategist at OCBC Bank, comments on the RBA’s quarterly monetary policy statement, and further expects AUD/USD to remain above 0.7800.
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Rate hike in 2016 would be consistent – Fed’s Evans

A rate hike is possible at any of the future Federal Open Market Committee (FOMC) meetings, but postponing the move into next year would be consistent with more confidence on inflation, Chicago Federal Reserve (Fed) President Charles Evans told CNBC in an interview on Thursday.
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