Free Trial

The lack of dovish rhetoric in the........>

AUSTRALIA
MNI (London)
AUSTRALIA: The lack of dovish rhetoric in the minutes from the RBA's latest
MonPol decision and upbeat view on growth and the domestic labour market allowed
the RBA to reiterate that the next move in its cash rate will likely be up, as
opposed to down.
- This put a modest bid into the AUD, with AUD/USD adding around 10 pips post
release, while the AU rates space is virtually unchanged.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@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.