A note from CBA today
- Says its likely the top is in for the AUD this week
- On the RBA Minutes today, CBA says to watch for comments on the easing bias and on the level of the Australian dollar
On the AUD, I mentioned at the time of the RBA Statement on March 1 that the comments on the currency were very tame. So, yeah, lets see if the Minutes today add much to that.
Even comments from the RBA since on the dollar have been very low key.
The Minutes are at 0030GMT today.