By John Noonan — Dec 19 - 07:50 PM
The RBA minutes reveal they considered pausing when they met in December nS9N32B00B
RBA indicated more hikes ahead, but they will be flexible on timing
Minutes say they could increase sized of rate hikes from 25 bps or pause
RBA remains data dependent, but acknowledged upside risks to wage growth
The AUD/USD is slightly lower below 0.6695 from earlier high at 0.6705
Support is at the 100-day MA at 0.6665 with bids eyed around 0.6675
Resistance is at the 21-day MA at 0.6741
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Source:
Refinitiv IFR Research/Market Commentary