AUD traders heads up - Reserve Bank of Australia meeting underway - statement due Tuesday ...Middle East

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AUD traders heads up - Reserve Bank of Australia meeting underway - statement due Tuesday
The Reserve Bank of Australia is expected to leave its cash rate unchanged at 4.35%. The statement is due at 2.30 pm Sydney time on Tuesday, November 5, 2024:0330 GMT2230 US Eastern time (Monday evening) Reserve Bank of Australia Governor Bullock press conference will follow an hour laterAs far as the tone of the statement, its expected the Bank will dial back the hawkish rhetoric a little given the lower inflation reading from the Australian Bureau of Statistics last week:ForexLive Asia-Pacific FX news wrap: Australian headline CPI dips into target band (but …)We've had some data just today that indicate inflation is still a risk, and that the labour market is steady/strong:Australian Octob

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