Earlier from Reserve Bank of Australia Deputy Governor Lowe is here
More now, from the Q&A:
- Says still have scope to lower rates if needed
- Says the RBA does not provide future guidance in months when it changes policy ... wants to focus on decision when rates are cut, not on guidance
- Doesn't like 'currency war' language as its inaccurate
AUD/USD moving a little lower.
Q&A session is now complete