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Aussie Dollar Traders Should Be Wary Of The RBA Minutes This Morning

From businessinsider.com.au

The minutes from the RBA Board meeting earlier this month will be released at 11.30am AEDT and Annette Beacher, TD Securities’ Asia Pacific Head of Research, reckons this set of minutes might not be as “redundant” as usual. As a result, she has issued Aussie dollar traders with a “heads up” for a binary impact on the Aussie dollar where it is either going to move sharply higher or lower. Given the board meeting lasts for hours, it would be impossible not to discuss the level of the AUD, although nothing concrete made it into the February board communiqué. However, here is a golden opportunity for the RBA to introduce s ... (full story)

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