GBP/JPY tries to settle above 169.00

GBP/JPY is reluctantly drifting higher in Asia after a sharp drop late on Monday, as the cross opened at 168.95 and moved to the current intraday high at 169.25. Now GBP/JPY is trading above 169.00 at 169.12
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RBA keeps rate at 2.5%, retains neutral stance

At its monetary policy meeting today, the RBA Board decided to leave the cash rate unchanged at 2.5 per cent, with the statement retaining its neutral rhetoric.
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