RBA Governor Stevens Speaks (AUD) – 09/06

 

What is it? Stevens is due to speak at the Economic Society of Australia, in Melbourne.

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? June 9th at 10:50pm Eastern Time.

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

 

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