Free Trial

Muted reaction in the AUD to the RBA.........>

AUSSIE
AUSSIE: Muted reaction in the AUD to the RBA decision. With little outside of
the small alterations to the inflation outlook, lower in short term, higher in
2019 & 2020.
- The Bank's central forecast for the economy remains unchanged.
- The Bank also noted that the higher money market rates hasn't fed through to
bank deposits.
- Notes slower growth in China & around U.S. trade policy.
- AUD/USD capped by $0.7400
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.