Will the Australian Monetary Policy Meeting minutes support the AUD?

Will the Australian Monetary Policy Meeting minutes support the AUD?

The Australian Monetary Policy Meeting Minutes are announced on Tuesday at 04:30 MT time.

Instruments to trade: AUD/USD, AUD/NZD, AUD/CHF, EUR/AUD

Until recently, Australia’s economic overview in the context of the world pandemic has been pretty strong. The AUD showed bullish tones across the board, the country was the first one to pick up in line with China while others were still shredding off the dust of fiercest battles against the virus. Lately, however, Australia had to reintroduce lockdowns in some of its key areas as the virus broke in again. The meeting minutes we are to receive on Tuesday refers to the last interest rate decision – the interest rate was kept at 0.25%. However, given the recent developments, we may receive some additional information on how Australian authorities are planning to steer the country’s economy and the AUD through the second phase of the virus hit.

  • If the RBA’s tone is hawkish, the AUD will rise.
  • If the RBA’s tone is dovish, the AUD will fall.

Check the economic calendar

AUD1.jpg

                                                                                                      LOG IN

Similar

Monday started with volatility
Monday started with volatility

Have a look at the key financial instruments on Monday, February 28. Geopolitics is currently on all news frontlines. Western nations escalated sanctions on Russia for the invasion of Ukraine.

Latest news

US PCE May Soar Soon
US PCE May Soar Soon

The United States Bureau of Economic Analysis will release monthly Personal Consumption Expenditures (PCE) on June 30, 15:30 GMT+3.

How Will US PMIs Affect the USD?
How Will US PMIs Affect the USD?

The US Markit will publish Flash Manufacturing and Flash Services PMIs (purchasing managers' indices) on June 23 at 16:45 GMT+3.

Deposit with your local payment systems

Be on top of your game

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

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

Beginner Forex book

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