News Headline Summary
AUD/USD back towards flat on the session having surrendered earlier gains on the improved consumer sentiment data; focus turns to the weak Aussie wage growth data for Q3 which has seen Overnight Index Swap rates rise to 63% from 58% for a December cut
Analysis details (03:51)
- The next Reserve Bank of Australia rate decision is on the 4th of December.
- At present the consensus of surveyed economists sees rates on hold at 3.25%.
- AUD/USD currently trades at 1.0442 (+6 pips), session high earlier today was at 1.0457.
14 Nov 2012 - 03:47
Subscribe Now to RANsquawk
Click here for a 1 week free trial
RANsquawk provides audio news and commentary for over 15,000
professional traders and brokers worldwide. Services include:
Real-time audio coverage from 0630 to 2130 London time
Teams of analysts covering equities, fixed income, FX and energy markets
Real-time scrolling news service
Daily and weekly pre-market research and calendars
Intra-day market update videos
Daily technical analysis