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(2/1) Trading the News: Reserve Bank of Australia Interest Rate Decision
Trading the News: Reserve Bank of Australia Interest Rate Decision
Time of Release: 02/02/2010 03:30 GMT, 22:30 EST
Primary Pair Impact : AUDUSD
The Reserve Bank of Australia is widely expected to tighten policy for an unprecedented fourth consecutive meeting in February, with market participants projecting the benchmark interest rate to rise to 4.00% from 3.75% in December, and the nation's currency is likely to face increased volatility following the rate decision as investors weigh the outlook for future policy.
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