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home / news releases / rba surprises with a 25 bp hike

EUFX - RBA Surprises With A 25 BP Hike

ProShares Short Euro
  • The Reserve Bank of Australia surprised the market by delivering a larger than expected 25 bp rate hike to kick-off the tightening cycle to 0.35%.
  • The UK's April manufacturing PMI was revised to 55.8 from a preliminary reading of 55.3.
  • Canada's April manufacturing PMI disappointed yesterday, slipping from 58.9 to a still robust 56.2.

For further details see:

RBA Surprises With A 25 BP Hike
Stock Information
Company Name: ProShares Short Euro
Stock Symbol: EUFX
Market: NYSE
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