Analysts at Westpac explained that RBA governor Stevens speaks at the ASIC annual forum at 4:15pm Syd/1:15pm Sing/HK.
Key Quotes:
“He will be the keynote speaker at the session “Can we withstand a major global shock?”
There has been plenty of chatter over whether he will express concern about AUD strength but we doubt he will make any significant comment along these lines. This could be enough for AUD to pop higher.”
(Market News Provided by FXstreet)