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
- 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.
01:47, 14 Nov 2012 -
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