RBA speech arising @0010 GMT (2010 US Eastern time) – unlikely to maneuver AUD

A heads up for Ellis Connolly, Head of Payments Policy at the Reserve Bank of Australia, speaking at 10.10 am Sydney time.

If you do see alerts to this speech its probably not going to move AUD at all.

The focus from the Reserve Bank of Australia today is on its policy decision due at 2.30pm Sydney time (0430 GMT, 0030 US Eastern time). It looks like it’ll be a fairly non-impactful meeting for AUD also (famous last words …).

Previews:

• Reserve Bank of Australia preview – straight forward decision, on hold with a neutral bias

• Reserve Bank of Australia meet Monday & Tuesday, likely cash rate hold @ 4.35%, 12 yr high

Reserve Bank of Australia Governor Bullock’s news conference follows an hour later.

This article was written by Eamonn Sheridan at www.forexlive.com.