News Headline Summary

Australia's treasurer Swan says RBA has flexibility on rates

Says:

- Resource investment growing at slower rate.
- More reliant on monetary policy.

Reaction details (23:28)

- No immediate reaction seen in AUD/USD, trades 1.0428 (-6 pips) last.

Analysis details (23:29)

- Of note, RBA's next rate cut decision is scheduled on 6th December.

29 Nov 2012 - 23:24 - Forex - Source: Newswires

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