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Currency Strenght

Monday, 15 July 2013

AUDUSD Reserve Bank of Australia meetings minutes

The minutes of the Reserve Bank of Australia meetings are published two weeks after the interest rate decision. The minutes give a full account of the policy discussion, including differences of view. They also record the votes of the individual members of the Committee. Generally speaking, if the RBA is hawkish about the inflationary outlook for the economy, then the markets see a higher possibility of a rate increase, and that is positive for the AUD.

AUDUSD

Daily Trend : Bearish  
4Hr Direction : Neutral with a Bearish Bias
Hrly   Swing Momentum : Bullish
Range : 0.911537 and 0.90370

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