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Feb 01 - 09:55 AM

AUD: 3 Things To Expect From February's RBA Meeting; AUD Dips On A Dovish Outcome A Buy - Citi

By eFXdata  —  Feb 01 - 08:39 AM

Citi discusses its expectations for tonight's RBA February policy meeting.

"CitiFX Strategy expects the RBA will: (1) upgrade economic forecasts for Australia; (2) not announce any new policy adjustments to LSAP or YCC; (3) mention recent currency strength," Citi notes. 

"In aggregate, we see this as being tactically negative for AUD, though would add on dips after the meeting as the structural AUD bullish case remains intact," Citi adds. 

Source:
Citi Research/Market Commentary

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