RBA Governor Stevens Speaks (AUD) – 12/02

 

What is it? Governor Stevens is due to testify before the House of Representatives' Standing Committee on Economics, in Canberra.

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.

When? February 12th at 5:30pm Eastern Time.

If the announcement will hint towards higher interest rates, you can expect the AUD to rise.

 

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