- Watching to see if the perceived neutral bias now from the RBA is confirmed again in the minutes
- Also watching to see their comments on the AUD (Pro tip – they ain’t gonna say its too low :-D)
- Some AUD/USD sellers at 0.9520/25, BUT orders are thinning out ahead of the minutes release; take extra care leaving orders hanging in the market over important scheduled risk events such as the these – levels can be sliced through like a hot knife through butter – great if you’re on the right side of the trade, not so much if you’re chasing after a stop loss
Heads up for the RBA – release of October monetary policy meeting minutes at 0030GMT
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