Once again, the RBA is expected to stay put with its policy. All analysts agree that there won’t be a change in the rate or asset purchase program. This means that all attention is on the monetary policy statement and the press conference. While the AUD has been higher recently, there were some news events that open the possibility that the RBA might come out more dovish in their statement. This could put an end to the rise in the currency, as traders re-evaluate the economic trajectory of the country. What’s been going on? Over the weekend, Western Australia was under threat of a renewed lockdown as a guard at a ... (full story)