Reserve Bank of Australia Deputy Governor Andrew Hauser not adding a lot what the minutes said earlier, no sign of an imminent rate cut from the RBA:
when inflation stops being high and sticky the Bank will act
AUD/USD is falling on the disappointing NDRC press conference in China. Markets had high hopes of more stimulus announcements. We haven’t had any of note.
This article was written by Eamonn Sheridan at www.forexlive.com.
