Filed Under:
Forex pairs in this Article » AUD/USD
FXstreet.com (Barcelona) - With today's RBA meeting minutes for the month of November just released, and AUDUSD dealing around the 1.04 figure, NAB thinks that "Clearly, they retain an easing bias," the bank says, expanding: "but having cut cash in October and then left the cash rate unchanged at this week's meeting, for them to do an about-face and ease in December, without some new game-changing information, would be unusual to say the least."

Thus, "We expect the RBA to remain on hold next month," the NAB concludes.
comments powered by Disqus