RBA Interest Rate Decision!
The AUD is wating for the interest rate decision tonight. The market expectation is that, the Reserve Bank of Australia will stay with rates at 2%. What will be important is the Govenor Glenn Stevens statement. What he wants is for AUD to stay low, that’s for sure. Recent AUD’s fall gives boost to the economy and govenor will try to stay on the track with the current situation in the market and even to lower his currency more as much as he can by talk. That’s why you should be on alert, the AUD volatility and moves know to be strong during the decisions like this, especialy at the EUR/AUD pair.
03:30 h (GMT) – RBA Interest Rate Decision!!! > Current 2%, Expectation 2%. Update > 2%!!!
03:30 h (GMT) – Statement!!!