-
Australian Dollar Steady After RBA Meeting Minutes Ahead of Fed and BoJ
The Australian Dollar was little changed in response to the RBA meeting minutes that were released today for the September conclave. The bank cited concerns of global growth prospects going forward but noted that current economic indicators were fairly robust in most parts of the developed world, including Australia. Lockdowns in China remain a hinderance for supply chains and expensive energy prices are hampering many parts of the world. On Friday, in an appearance before a parliamentary committee, RBA Governor Philip Lowe reiterated his opinion that as rates become elevated, the case for further large boosts ... (full story)