What is it? RBA Governor is due to speak at the Annual General Meeting of the Australian Payments and Clearing Association, in Sydney.
As head of the central bank, which controls short term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.
Usual Effect: If the announcement will hint towards higher interest rates, you can expect the AUD to rise.
When? October 22nd at 5:00pm Eastern Time.
Trading Tip: This announcement can greatly affect the AUD, make sure to make your trades before.
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