Australian dollar is declining versus the greenback for the third consecutive day. Today the pair AUD/USD fell below the parity with its US counterpart as Reserve Bank of Australia Governor Glenn Stevens claimed that the country’s monetary authorities concluded it was “sensible” to keep interest rates at the current level.

As a result, according to a Credit Suisse Group AG index based on swaps, traders reduced forecasts on the amount of increases over the next 12 months from 41 basis points yesterday to 35 points today.



Chart. H4 AUD/USD

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