AUD/USD is traded to 1.0450 already as markets prepare for the RBA meeting next week. The operators are starting to position themselved in your idea of what the RBA is going to say and do. Glenn Stevens, like its U.S. counterpart.UU. It is difficult to predict. With global efforts of central banks instead, traders have the hope of seeing the global economy boosted. Austrialia may surprise everyone next week.
Today, China launched its first bit of positive data, which can be a sign of success of the plans and programmes of Governments to stimulate the growth of sagging. The Australian has managed a good boost after the Conference Board index economic advance for China reports increase of 1.7 per cent in August to 240,4, after an increase of 0.6% in July and an increase of 0.1% in June - another excuse for one greater push.
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