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RBA Preview & Australian Dollar Outlook: AUD/USD, AUD/JPY, AUD/CAD
Currency volatility expected in the Australian Dollar is at extremes ahead of the upcoming interest rate decision from the Reserve Bank of Australia (RBA). The RBA is due to release its latest monetary policy update on Tuesday, February 04 at 3:30 GMT and has correspondingly pushed Australian Dollar overnight implied volatility readings to multi-month highs. table Specifically, AUD/USD overnight implied volatility of 11.8% ranks in the top 97th percentile of measurements taken over the last 12-months and is its highest reading since August 14. AUD/JPY is anticipated to be the most active Australian Dollar currency ... (full story)