RBA Governor Stevens Speaks (AUD) – 20/04

 

What is it? Governor Stevens is due to speak at the American Australian Association luncheon hosted by Goldman Sachs, in New York.

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? April 20th at 12:30pm Eastern Time.

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

 

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