(February 18) the Aussie dollar fell more than 20 points against the US dollar in a short period to a week low, and further fell to 0.6680 in the European market, as the minutes of the meeting of the Australian Federal Reserve discussed the further reduction of cash interest rate, the tone was dove, which made the market's expectation of interest rate reduction of the Australian Federal Reserve warm up, together with the recent global public health events and other uncertainties weighed down before the global economic recovery The Australian dollar is under pressure as Australia continues to suffer from natural disasters.
However, the RBA said it would not consider cutting interest rates in a short period of time, as it would look for more clues to determine the direction of future policy given that this may hit the confidence of people who rely on savings and consumption and the sharp increase in lending as the housing market recovers.
At present, Australia's employment data is good, but the performance of salary data is poor. The market will focus on the performance of Australia's employment data on Thursday (February 20). If it continues to weaken, Western Pacific expects the central bank to cut interest rates in April.
Hot Model No.: