RBA could take a little more time as global taper talks intensify – Forex Preview
Posted on May 31, 2021 at 10:11 am GMTThe first day of June will see the Reserve Bank of Australia (RBA) publishing its policy statement at 04:30 GMT. Expectations are for the central bank to upgrade its economic outlook but keep its policy unchanged. However, following the Reserve Bank of New Zealand’s (RBNZ) hawkish tone last week, questions are rising whether the RBA could follow suit, sending a wave of bullish optimism to the charmless Australian dollar. Such a task, however, could be difficult for the Bank, while GDP growth figures for [..]