Governor Michele Bullock is about to carry a press convention on the backside of the hour following the RBA resolution and new forecasts.
AUD/USD rose about 10 pips on the assertion as they retained a hawkish stance. Anticipate extra speak of wanting to realize confidence about falling inflation — notably providers inflation — earlier than shifting in the direction of fee cuts.
The live-stream of the convention is right here.
This text was written by Adam Button at www.forexlive.com.
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