RBA: Statement on Monetary Policy | Forex Factory

  • RBA: Statement on Monetary Policy

    From rba.gov.au Story is in PDF Format

    Global economic developments have, on balance, been more positive in recent months after economic conditions weakened earlier in 2012. There have been further signs that the Chinese economy has stabilised, underpinned by public spending and accommodative financial policies. This has provided some additional support for commodity prices and activity in east Asia, outside of Japan. In Japan, the new government has announced plans to boost domestic economic activity and combat deflation. In the United States, the full extent of the large fiscal consolidation that had been legislated to commence at the beginning of 2013 ... (full story)

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Deano9999
Feb 7, 2013 6:38pm
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As expected. Given the retails sales result and average employment data they could cut interest rates next month - certainly the price action suggests the market is factoring this in now.
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Foren
Feb 7, 2013 7:27pm
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Hi, as i understood aud is on the way to change it's direction to 1.04..? thank you.
Quoting KevinThomas
Assie will be decided by CNY Trade Balance in about 1h30mins.. The statement showed the stable outlook for Australia's Economic this time.
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KevinThomas
Feb 7, 2013 6:45pm
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Assie will be decided by CNY Trade Balance in about 1h30mins.. The statement showed the stable outlook for Australia's Economic this time.
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meskatul
Feb 7, 2013 9:13pm
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now strong AUD feel it's really constraint for it in case of export and Gillard. suggest as so. we will see fall in further but key remain in Pocket of Fed n Ecb.
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ShadowZ
Feb 7, 2013 8:45pm
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Yes, but before that we will see 1.00xx - 1.0240 first...

Quoting Foren
Hi, as i understood aud is on the way to change it's direction to 1.04..? thank you.
Reply

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