- sees below trend growth continuing in near terms
- AUD still about 10% below its april level despite recent rise
- uemployment has edged higher
- pace of borrowingg still subdued
- sees improvement in household and business sentiment but too soon to say how strong this will be
Aussie $ still climbing AUDUSD 0.9373 as no mention of ” scope to ease”.
RBA doesn’t seem to0 concerned over recent AUD rise
Stops were triggered above 0.9355
High 0.9376. Currently 0.9369
