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AUD/USD: RBA minutes next on calendar but don’t expect surprises

AUD/USD: RBA minutes next on calendar but don’t expect surprises

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By Sean Lee
20/05/2014 | 00:44 GMT

It will be very unlikely that anything new arises out of today’s RBA minutes given that the Monetary Policy Statement was released only last week. The AUD/USD has been trading in an 8 pip range for much of the morning so its seems that the market isn’t expecting anything exciting either.

Short term support/resistance levels in the AUD/USD are at .9315/40.

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