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Jun 18 - 02:36 AM
AUD/USD - Eases Below 0.6850 As RBA Minutes Dovish
First appeared on eFXplus on Jun 17 - 09:40 PM
  • RBA Minutes say further easing "more likely than not" nRUAIHEF5U
  • Minutes highlight downside global risks from trade war
  • RBA worried about subdued inflation anchoring inflation expectations
  • AUD/USD about 10 pips lower, as market was already pricing in more cuts
  • AUD/USD technically vulnerable, but may not move too far ahead of FOMC

Source:
Refinitiv IFR Research/Market Commentary

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