Will AUD/USD Gains Continue After RBA Decision?

Asia-Pacific markets may see a more optimistic tone across major equity indexes following a generally upbeat Wall Street performance to start the week. The Dow Jones Industrial Average (DJIA) gained 0.70%. Traders dove into industrial and healthcare names but moved away from technology stocks, with the NDX 100 index declining 0.44%. The US Dollar is on the move lower after a manufacturing PMI release from the Institute of Supply Management (ISM) missed the consensus forecast. Greenback weakness is helping to lift precious metals. Gold and silver prices recorded healthy gains, increasing over 1% and 3.5%, … (full story)

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