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BoJ & RBA Dovish Overnight, But Who Will Be First To Hike In 2011?
Earlier in the Asian session the BoJ completed the last major central bank meeting of the year, and as widely expected they opted to keep interest rates near zero (0.00%-0.10% range to be more precise), and to maintain the current asset purchase plan they had implemented in October.
Also overnight, the RBA minutes (from the 7 Dec meeting) took a more dovish tone, revealing that current monetary... ...More...
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