What might the RBA do next to control the economic squeeze? – Forex News Preview
Posted on August 28, 2020 at 2:28 pm GMTAustralia has two key events next week in the agenda. The Reserve Bank is setting its policy on Tuesday at 03:30 GMT, while the next day at 01:30 GMT the Bureau of Statistics is releasing GDP figures for the second quarter. Market analysts are expecting the central bank to stand pat even if the economy potentially shows a steeper contraction in Q2. Yet, whether the aussie will continue its rally may depend on how dovish the statement will be given [..]