An opportunity to trade the AUD.

An opportunity to trade the AUD.

The Reserve bank of Australia (RBA) is going to deliver its statement at 5:30 MT time on November 6.

The statement will contain an outlook on the monetary policy of the country and offer clues on future rate decisions. For now, AUD/USD has been trading within a long-term downward channel. That is why it is so important to follow RBA’s comments.

• If the RBA comments are hawkish, the AUD will rise.

• If the RBA comments are dovish, the AUD will fall.

Check the economic calendar

shutterstock_463735568.png

                                                                                             TRADE NOW

Similar

Latest news

Evergreen buck heads north

On Friday, the evergreen buck rallied versus its counterparts after data disclosed that the American economy generated more jobs than anticipated In October, thus backing the Fed’s case to proceed with gradual rate lifts…

Gold ascends on Brexit jitters

On Tuesday, gold rallied because uncertainty over the latest developments in Britain’s departure from the EU backed safe haven demand and traders looked ahead for American inflation data to underpin the Fed’s pledge to remain on hold…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera