Bob Mason. Greg McLeod 1,128 views. What's next, NASDAQ has its worst day since October 30, AUDUSD retraces most of the gain but finds support near MA/trend line, Stock decline accelerating. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. The RBA left rates unchanged at 0.25% at the meeting and recommitted to … GBP/AUD Exchange Rate Forecast: RBA Meeting Minutes Ahead Tuesday’s Asian session will see the publication of the Reserve Bank of Australia’s (RBA) latest meeting minutes. Founded in 2008, ForexLive.com is the premier forex trading news site offering interesting commentary, opinion and analysis for true FX trading professionals. The minutes from the latest RBA meeting on 5 th May were weighing on the Aussie. Minutes of the Reserve Bank of Australia monetary policy meeting September 2020. Minutes of the monetary policy meetings of the Reserve Bank Board are published two weeks after each meeting, and explain the monetary policy decision. Past performance is no guarantee of future results and FOREXLIVE™ specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. When is the New Zealand Q3 retail sales data and how could it affect NZD/USD? The minutes give a full account of the policy discussion, including differences of view. From dailyfx.com. We provide real-time forex news and analysis at the highest level while making it accessible for less-experienced traders. The Australian dollar initially fell after the RBA meeting minutes were released, showing a bit more dovish thoughts than perhaps thought. 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Headlines via Reuters, any bolding is mine. However, September RBA … This article is Part 2 of a series. September 15, 2020. by Joseph Jeffriess, Market Analyst. RBA minutes reiterate no to negative rates, showing readiness for further stimulus. The Australian Dollar is eyeing a push to fresh yearly highs on positive Covid-19 developments ahead of the RBA meeting minutes and employment data for October. One of the driving factors behind the Australian Dollar’s weakening at the beginning of this week can be attributed to the RBA’s recent meeting minutes which were released in the early hours of Tuesday morning in the UK. DASH, ABNB, and AI all in play this week, European markets make headway but Wall Street falls back. HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. As it turned out, the RBA over-delivered, as seen in the rise of the AUD pairs. On Tuesday, investors will be combing through the RBA minutes, which will provide details of the RBA policy meeting earlier this month. Global debt to reach record $227 trillion by the year-end – IIF, IMF's Georgieva: Countries must continue essential measures to ensure durable recovery, Coronavirus-induced economic recession was not that bad – Goldman Sachs, Mid-day market update: Dow drops over 100 points; Rocket Pharmaceuticals shares jump, Job openings highlight near-term labor supply challenges, IPO mania! Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. Find out how to take advantage of swings in global foreign exchange markets and see our real-time forex news analysis and reactions to central bank news, economic indicators and world events. RBA says easing yes, negative rates no The Reserve Bank of Australia released the minutes of its November policy meeting on Tuesday, but the Australian dollar’s reaction has been muted. Aug. 18, 2015 3:20 AM ET ... Australia's week begins with the Reserve Bank of Australia (NYSE:RBA) Meeting's minutes… The high degree of leverage can work against you as well as for you. Read full article. The Reserve Bank of Australia left its cash rate unchanged at a record low of 0.1% during its December meeting, as widely expected, after slashing it from 0.25% in November. The Australian Dollar was trading on the back foot on Tuesday after an impressive rally across the previous week. Important AUD News in the Upcoming Asian Session. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. AUD/USD showed has started the week with a whimper, as the pair continues to drift. AUD Weekly Forex Outlook: RBA Meeting Minutes. RBA minutes eyed On Tuesday, investors will be combing through the RBA minutes, which will provide details of the RBA policy meeting earlier this month. The RBA Minutes Support the AUD on another Quiet Day on the Calendar. Description of RBA Minutes The minutes of the Reserve Bank of Australia meetings are published two weeks after the interest rate decision. Today’s minutes pretty much stick to this script, so the market reaction was muted. In North American trade, AUD/USD is trading at 0.7028, down 0.57% on the day. Opinions expressed at FXStreet are those of the individual authors and do not necessarily represent the opinion of FXStreet or its management. The Reserve Bank Board normally meets eleven times each year, on the first Tuesday of each month, except January. AUD Monetary Policy Meeting Minutes from Run100 TP1000 SL120 TS15 TG3. Just like the ECB or the Fed, the RBA publishes the minutes at a constant interval between two scheduled meetings. Market Update: AUD moves higher after RBA minutes. The cash rate affects the cost of borrowing for banks, which influences the interest rates they charge to consumers and businesses. The minutes also have the Board noting a lower AUD would provide more assistance to economic recovery. The use of this website constitutes acceptance of our user agreement. How could the RBA meeting impact the AUD/USD? Crude oil inventory data to be released at the bottom of the hour. RBA Acknowledge Recent AUD Strength. Subscribe to our Newsletter. AUD RBA Meeting Minutes. The minutes from the Reserve Bank of Australia’s September meeting showed that the downturn from the coronavirus crisis has not been as bad as initially feared. ... On the monetary policy front, the RBA meeting minutes provided the Aussie Dollar with direction. 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