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On react to the RBA minutes release UBS......>

AUSSIE
AUSSIE: On react to the RBA minutes release UBS note given the detail in the
SoMP, there was nothing incremental in the November meeting's minutes. As RBA
Governor Lowe has no interest in cutting rates to defend the topside of the AUD,
the RBA continued its common sense observation that a higher AUD means a slower
convergence to target.
UBS add, the RBA seems to be trying to explain to the market that it'll be on
hold for ages, as it is unsure about every link of the growth-wages-inflation
chain.

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