Stevens talking AUD lower; but where were these comments on Tuesday

Comments from the RBA Governor this morning that housing conditions do not warrant higher rates and that the AUD is over-valued on most measures have sent the AUD/USD tumbling from .9440 to lows around .9375.

I think it’s fair to ask, why didn’t Mr Stevens put these comments in his RBA board statement on Tuesday.

I’m happy to buy any AUD dips but will wait until the dust settles.