RBA Interest Rate Decision & Statement

/RBA Interest Rate Decision & Statement

august, 2019

06aug4:30 am4:30 amRBA Interest Rate Decision & StatementIMPACT: AUDUSD & AUD CROSSES4:30 am - 4:30 am UTC Event Type :High Impact Time has ran out! Better luck next time!

Event Details

What is this event?

It’s among the primary tools the RBA Reserve Bank Board uses to communicate with investors about monetary policy. Most importantly, it discusses the economic outlook and offers clues on the outcome of future decisions.

Measures

It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision.

Effect on Currency

More hawkish than expected is good for currency.

Frequency of event

First Tuesday of the month, excluding January.

Source of Data

Reserve Bank of Australia (latest release)

Time

(Tuesday) 4:30 am - 4:30 am

Australia - Flag - Economic Data