RBA’s Kent: Size and timing of rate increases will depend on incoming data – by anilpanchal7 RBA AUDUSD RiskAppetite NewsTrading CentralBanks
Size and timing of rate increases will depend on incoming data,” said Christopher Kent, Assistant Governor at the Reserve Bank of Australia during early Monday morning in Australia.While A$ down 14% on US$ this year, its trade-weighted index has fallen only 2%.A$ TWI has moved broadly in line with fundamentals, commodity prices.Higher US$ will restrain demand for u.s. goods, commodities and global inflation.
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