Comments on: RBA main focus for today’s Asian session https://fxww.com/rba-main-focus-todays-asian-session/ The Professional Source Mon, 02 Jun 2014 23:23:53 +0000 hourly 1 By: James https://fxww.com/rba-main-focus-todays-asian-session/#comment-58623 Mon, 02 Jun 2014 23:23:53 +0000 http://381c099c8f.nxcli.net/?p=12694#comment-58623 The consensus certainly is for no change in rates and a moderation in anti dollar rhetoric from RBA. However, developments in the economy in response to fiscal policy changes and a continued clear deterioration in Australia’s terms of trade (see http://www.rba.gov.au/chart-pack/images/15-commodity-prices/15br-tot-small.gif) has me wary of potential left field developments on monetary policy. At some stage, if these dynamics continue, a surprise move on rates by RBA cannot be ruled out.

]]> By: Sean Lee https://fxww.com/rba-main-focus-todays-asian-session/#comment-58606 Mon, 02 Jun 2014 22:13:44 +0000 http://381c099c8f.nxcli.net/?p=12694#comment-58606 Yes Rhona, I do. The mkt wants to buy USD at the moment and any sort of favourable nfp will see the specs pile into USD longs imho. So def prefer the buy-USD-dip play

]]> By: Rhona https://fxww.com/rba-main-focus-todays-asian-session/#comment-58604 Mon, 02 Jun 2014 22:02:56 +0000 http://381c099c8f.nxcli.net/?p=12694#comment-58604 No betting… Good advice!
The Kiwi/$ should be affected too right?
You were right on the dot with $/chf and nzd/$

Do you see those trends continuing?
Thanks Sean.

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