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USDCAD TECHS

Solid Bounce

AUDUSD TECHS

Reverses In Style

EURJPY TECHS

Accelerates Off Bull Trigger

USDJPY TECHS

Still Pointing Higher

EURGBP TECHS

Bouncing Well

GBPUSD TECHS

Bulls Press Pause

VIEW: RBC On Today's RBA Decision

RBA
  • The step up in Victoria restrictions, increasing optimism on the C-19 vaccine front, and mixed domestic data are the key developments since the board last met in early August and will likely dominate discussion. Further thoughts on their brief foray back into bond purchases may also be discussed and we look for any additional colour on the firmer currency. The key message that the RBA stands ready to lend further support as needed will remain but another reminder that fiscal policy needs to do more would not be surprising.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com