More from RBA Gov. Lowe - not targeting a lowe AUD but its a result of policy

Reserve Bank of Australia Governor Lowe would be unlikely to admit he was targeting the currency lower - this is frowned upon amongst DM central banks.

• could increase bond buying if needed
• probability of the double dip recession is quite low
• if other central banks are doing QE the RBA has to do it to keep the AUD down

(Skating on thin ice with this remark)