The GBP may be supported
Great Britain will publish its trade balance for April on June 11, at 09:00 MT time.
Will the RBA meeting minutes pull the AUD down?
The RBA meeting minutes will be released at 02:30 MT time on November 19.
The minutes of the monetary policy meeting due on November 19 will shed light on the logic behind the recent monetary policy decision announced by the Reserve Bank of Australia. The RBA kept the interest rate at 0.75% on November 5. The policymakers advised that a prolonged period of low rates may be expected due to the risks in the global economic environment and the intention of the RBA to reach full employment. They also stated that the further monetary ease will stay as an option if the situation requires. Therefore, on November 19 we will have more details on the internal discussion and the observations of the RBA officials which lead to the current monetary stance.
- If the RBA meeting minutes reveal a steady rate intention, the AUD will rise;
- If the RBA meeting minutes reveal more openness to a dovish scenario, the AUD will fall.
Similar
Is all good with the AUD?
The RBA Rate Statement comes on June 1, at 07:30 GMT+3.
Bitcoin: down at $40,000; more losses ahead?
The main digital coin erased all the gains done after Elon Musk's February announcement. What are we heading into?
Latest news
Will There Be Any Changes in US Monetary Policy?
What will happen? The FOMC statement will be published at 21:00 MT (GMT+3) on Wednesday, July 28…
Hong Kong Index and Gold Dropped, Tesla Reported Strong Earnings
Hong Kong stock index extended a decline sparked by China’s tech crackdown. Tesla posted better-than-expected results. Jump in!
Ideas for trading US stocks on July 26-30
This week Apple, Microsoft, Google, Facebook, Pfizer, and other large US companies will deliver earnings reports…
Deposit with your local payment systems
