7/5/2021 7:32:02 PM GMT
AUD/USD Current Price: 0.7533
RBA’s Governor Lowe is set to offer an unusual press conference after the decision.
Australian data came in mixed but was overall encouraging.
AUD/USD is technically neutral-to-bullish ahead of the event.
The AUD/USD pair is hovering around 0.7530, unchanged from its previous daily close. Mixed Australian data released at the beginning of the day was mostly encouraging, as the AIG Performance of Construction Index printed at 55.5 in June, below the previous 58.3, while the Commonwealth Bank Services PMI improved to 56.8 in the same month, beating expectations. May Retail Sales were upwardly revised from 0.1% to 0.4%, while Building Permits fell by 7.1%, worse than anticipated.