FX transaction data published each month by the Reserve Bank of Australia is often watched for signs of intervention

Intervention! Gasp!

Yeah, its been know to occur.

But, most of the time ... most, most, most, the data is innocuous.

Like today.

For the record:

  • The RBA sold $A1175m on spot markets in December
  • The bank 'bought' $A1308m from the government
  • And sold $A140m to other clients