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Little to write home re: the RBA's Feb.......>

AUSSIE
AUSSIE: Little to write home re: the RBA's Feb meeting minutes. Members
discussed the risk to domestic economy posed by the novel coronavirus, which
they deemed to be "material." In addition, the minutes mentioned a discussion of
trade-offs associated with loosening policy further, which has been covered in
the recent communique from Governor Lowe.
- AUD/USD has become slightly heavier after the release and currently operates
just shy of the $0.6700 mark. With AUD/USD last seen at $0.6697, 17 pips lower
on the day, bearish focus is on the 11-year low of $0.6660, printed on Feb 10.

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