What to expect from RBA Stevens' Q&A? - Westpac

FXStreet (Bali) - Sean Callow, FX Strategist at Westpac, notes that "Stevens Q&A will run until 12:30pm Syd/9:30am Sing/HK, with possible questions on AUD, housing and yesterday’s jobs data." Sean adds that "Stevens should stick to the script of this month’s Statement on Monetary Policy."

Feb 13, 2015

RBA Stevens: Nothing earth shattering so far...

Up until now, RBA's Governor Stevens comments to House of Reps Committee are not providing any major surprise to market participants, very much in line with what was expected.

AUD/USD: Heavy on Stevens dovish rhetoric ahead of 0.7720 support

Ahead of press conference. AUD/USD is pressured to the downside as RBA's Stevens takes the headlines offering a dovish rhetoric with such comments as suggesting inflation is low and "appears" and "likely" to remain so.