China Commerce Ministry: Arduous task to achieve 7.5% growth target

FXStreet (Bali) - China Commerce Ministry official, crossing Reuters wires, saying that the country faces arduous task to achieve 7.5% growth target this year. While the comment is a negative input for the AUD, this is being ignored ahead of RBA's Debelle speech.

May 20, 2014

RBA's Debelle up next, topic centered around AUD

Guy Debelle, Assistant Governor (Financial Markets), Reserve Bank of Australia, is speaking at an event for the Financial Services Institute of Australia (FINSIA) in Adelaide at 3.15GMT.

until volatility riseS, AUD unlikely to decline - ANZ

Daniel Been, FX Strategist at ANZ, has dissected the AUD price action, looking at both the variability in its performance across sessions and the news that drove daily moves, reaching interesting conclusions.