RBA Rate Statement...

The AUD Cash Rate is not expected to yield much volatility, with anticipation for rates to remain at 1.50%

However, at current times, the tone of RBA statement accompanying the rate decision is now viewed as more important.

A hawkish tone from the RBA is likely to bring the AUD/USD up towards the 0.7730 level, supported by 0.7630.

While we anticipate a bullish move, it would still be prudent to read the statement first.

Dagangan ditutup: hentian tercapai