RBA head of econ analysis: Views on domestic economy has shifted
AUDUSD holding gains
The Reserve Bank of Austalia's head of economic analysis is speaking at a Sydney conference and says:
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.
- 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