Australian dollar tracking even higher after the SoMP – China announcement awaited

<p>AUD and NZD are outperforming on the session. There should be some statements out of China at some stage (I haven't got a time) regarding some sort of economic boost. These have been disappointing over past months but the hop goes on:</p><ul><li><a href="https://www.forexlive.com/centralbank/the-peoples-bank-of-china-and-chinas-state-planner-will-meet-today-friday-4-august-2023-20230804/" target="_blank" rel="follow" data-article-link="true">The People's Bank of China and China's State Planner will meet today, Friday 4 August 2023</a></li></ul><p>We've just had the Reserve Bank of Australia Statement on Monetary Policy (SoMP) for August, main pints are here:</p><ul><li><a href="https://www.forexlive.com/centralbank/rba-statement-says-rates-may-need-to-go-higher-full-impact-of-rises-so-far-not-yet-felt-20230804/" target="_blank" rel="follow" data-article-link="true">RBA Statement says rates may need to go higher, full impact of rises so far not yet felt</a></li></ul>

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