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RBA minutes were released overnight. The Aus dollar (AUD) gapped higher vs the US dollar following the announcement from 0.9030 to 0.9080 but has since fallen and has dipped below pre RBA minutes levels.
The Australian dollar (AUD) has two major event risks clouding the outlook for the week ahead.
The Australian Dollar (AUD) was dealt a rude surprise on Thursday with the release of some below-par employment numbers.
While the Australian dollar (AUD) has enjoyed a strong run over the course of the past week we note that analysts at Barclays continue to forecast lower levels in the Aus exchange rate.
Bank of America Merrill Lynch have updated their exchange rate forecasts for 2014 with a warning on the likely trajectory of the Australian dollar.
The Australian dollar exchange rate complex is racing ahead on Tuesday morning with fresh confirmation that the Australian economy may not need extra assistance from the country's central bank.
The Aus dollar exchange rate complex (AUD) has today been hit by risk-off news out of China.
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