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AUDUSD: Intraday Analysis & Forecast

The Reserve Bank of Australia’s recently appointed chief economist, Sarah Hunter, will participate in a panel at a business forum this week, an event that will be closely monitored by bond markets. The RBA currently has wide-open guidance that includes the potential for further interest-rate increases should inflation prove sticky, so investors will be on the lookout for clues to the RBA’s latest thinking. Hunter, whose main job is to shape the forecasts that help guide the RBA’s policy decisions, may reflect on soft 4Q23 GDP data and be asked about the risk of recession. The panel discussion at the Australian Financial Review’s Business Summit starts at 9:30 a.m. Tuesday local time, or 22:30 GMT on Monday.

 

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