RBA head of econ analysis: Views on domestic economy has shifted

Author: Greg Michalowski | Category: Central Banks

AUDUSD holding gains

The Reserve Bank of Austalia's head of economic analysis is speaking at a Sydney conference and says:
  • RBA's views on the domestic economy has shifted.
  • 2H2018 data showed global growth slowing but was as expected. 
  • Uncertain if consumption can keep outpacing income growth 
The AUDUSD has wandered above its 100 hour MA today at 0.7088. That will be a barometer for bulls and bears into the new trading day. 

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