Australian dollar edges higher after RBA decision. Bullock up next
<p>Governor Michele Bullock is set to hold a press conference at the bottom of the hour following the RBA decision and new forecasts. </p><p>AUD/USD rose about 10 pips on the statement as they retained a hawkish stance. Expect more talk of wanting to gain confidence about falling inflation — particularly services inflation — before shifting towards rate cuts.</p><p>The live-stream of the conference is <a href="https://rba.livecrowdevents.tv/MediaConferenceMonetaryPolicyDecision6feb/stream" target="_blank" rel="nofollow">here</a>.</p>
This article was written by Adam Button at www.forexlive.com.
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