(11/2) DailyFX - Trading News: Reserve Bank of Australia Interest Rate Decision - DailyFX Forex Forum

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(11/2) DailyFX - Trading News: Reserve Bank of Australia Interest Rate Decision

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11-02-2009, 02:55 PM

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(11/2) DailyFX - Trading News: Reserve Bank of Australia Interest Rate Decision

Trading the News: Reserve Bank of Australia Interest Rate Decision

What's Expected
Time of release: 11/03/2009 03:30 GMT, 22:30 EST
Primary Pair Impact : AUDUSD
Expected: 3.50%
Previous: 3.25%

The Reserve Bank of Australia is widely expected to raise the benchmark interest rate by 25bp to 3.50% in November as the $1T economy skirts the global recession, and the central bank may continue to tighten policy throughout the second-half of the year as the outlook for global growth improves.

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