That’s what Governor Glenn Stevens said last week, or words to that effect, and the market is now glued to today’s CPI release in expectation of a clue regarding future rate rises.
In AUD/USD, I would expect support to be fairly firm around the 200-day MA at .8965 with previous resistance at .8880 the next level below there. Initial resistance is at the overnight high of .9070 with a previous low at .9130 behind there.
