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AUD Outperforms In Quiet Early Trade

FOREX

The AUD outperforms at the margin ahead of the announcement of the RBA's monetary policy decision within just a couple of hours. AUD/USD overnight implied volatility has crept higher, it last sits just shy of yesterday's multi-week peak.

  • Major USD crosses have generally held tight ranges, with the DXY edging higher in early trade.
  • Swiss CPI and a suite of m'fing PMIs from several Eurozone countries headline the global data docket today. Speeches are due from RBA's Debelle as well as ECB's Enria, Elderson & de Cos.

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