I mentioned earlier that rumours of intervention in AUD/USD during the Asian timezone were garbage. I stand by that comment. The RBA may have called around for a chat but it is not their modus operandi to intervene in AUD/USD to buy above 80 cents. In 2008 they intervened a few times………..in the low 60 cents. This not a central bank that is over endowed with reserves…………….to be buying above 80 cents is ridiculous!!!!!!