Yep it is called RBA!
Westpac: The Aussie dollar should probably be higher, but something is holding it back
The Australian dollar has had a strong run since late December, jumping 6% against the greenback in the space of just over three weeks. However, even with the recent rally, it probably should be higher, says Westpac. “The commodity price story continues to point to scope for AUD/USD to trade higher,” says Sean Callow, senior currency strategist at Westpac. “Coking coal prices are unwinding but remain up sharply year-on-year and will contribute to further trade surpluses in coming months. Iron ore, meanwhile, has printed highs since 2014 this week.” As this chart from Westpac shows, based on the bank’s ... (full story)