FXStreet (Bali) – The RBA minutes of its October policy meeting are unlikely to contain significant new information to act as a mover for the AUD, notes Brian Daingerfield, FX Trading Strategist at RBS.
Key Quotes
“In Australia, the RBA releases its October policy minutes, which are unlikely to contain significant new information after the RBA opted to leave policy unchanged at its October meeting and made few meaningful changes to the statement language.”
“The October meeting did take place before release of the disappointing September employment report. Any discussion of the housing market will likely mirror the conclusions of the since-released Financial Stability Review.”
(Market News Provided by FXstreet)