AUD/USD dropping a few points in the past few minutes, extending small losses from earlier

I don't think Debelle's comments have prompted the move, but stranger things have happened.

  • Today I am going to talk about the Global Code of Conduct for the Foreign Exchange Market, which has been consuming a large part of my sleeping hours for the past 18 months. As I hope most of you know, Phase 1 of the Code was launched earlier this year in New York. The complete Code will be released in London at the end of May 2017. It is pretty easy to find. It is available on the Australian Foreign Exchange Committee (AFXC) website or via the Bank for International Settlements (BIS) website.

Rivetting stuff, eh?

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