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Oct 19 - 10:55 PM

AUD/USD - RBA Minutes-Discussed Further Easing Options

By John Noonan  —  Oct 19 - 08:45 PM
  • AUD/USD remains under pressure after dovish RBA Minutes release

  • RBA discussed further easing measures including buying bonds further out the curve nS9N2FD00R

  • RBA discussed impact of other countries easing on the exchange rate

  • AUD/USD holding around 0.7050/55 - close to where it was before Minutes

  • No surprises in Minutes, as they reflect Governor Lowe's speech last week

  • Market was already looking for RBA to cut rates in November

  • AUD/USD support at Sept 25 trend low at 0.7006

  • For more click on FXBUZ










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Source:
Refinitiv IFR Research/Market Commentary

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