Select Language

When are the RBA Minutes and how could they affect AUD/USD?

Breaking news

When are the RBA Minutes and how could they affect AUD/USD?

  • X
  • facebook
  • LINE
  • RSS

  • X
  • facebook
  • LINE
  • RSS
New update 2025.11.18 07:31
When are the RBA Minutes and how could they affect AUD/USD?

update 2025.11.18 07:31

The RBA Minutes Overview

The Reserve Bank of Australia (RBA) will publish its minutes of its monetary policy meeting on Tuesday at 00.30 GMT. It provides a detailed record of the discussions held between the RBA's board members on monetary policy and economic conditions that influenced their decision on adjusting interest rates and/or bond buys, significantly impacting the AUD.

The minutes also reveal considerations on international economic developments and the exchange rate value.

How could the RBA Minutes affect AUD/USD?

AUD/USD trades on a negative note on the day in the lead up to the RBA Minutes. The pair loses ground as the US Dollar strengthens as traders continue to gauge upcoming US data releases and the likelihood of further rate cuts by the Federal Reserve (Fed).

If the RBA is hawkish about the inflationary outlook for the economy, it could lift the Australian Dollar (AUD), with the first upside barrier seen at the 100-day EMA of 0.6525. The next resistance level emerges at the November 13 high of 0.6580, en route to the October 6 high of 0.6620.

To the downside, the October 10 low of 0.6472 will offer some comfort to buyers. Extended losses could see a drop to the July 31 low of 0.6424. The next contention level is located at the 0.6400 psychological level.

Economic Indicator

RBA Meeting Minutes

The minutes of the Reserve Bank of Australia meetings are published two weeks after the interest rate decision. The minutes give a full account of the policy discussion, including differences of view. They also record the votes of the individual members of the Committee. Generally speaking, if the RBA is hawkish about the inflationary outlook for the economy, then the markets see a higher possibility of a rate increase, and that is positive for the AUD.

Read more.

Next release: Tue Nov 18, 2025 00:30

Frequency: Weekly

Consensus: -

Previous: -

Source: Reserve Bank of Australia

The Reserve Bank of Australia (RBA) publishes the minutes of its monetary policy meeting two weeks after the interest rate decision is announced. It provides a detailed record of the discussions held between the RBA's board members on monetary policy and economic conditions that influenced their decision on adjusting interest rates and/or bond buys, significantly impacting the AUD. The minutes also reveal considerations on international economic developments and the exchange rate value.

RBA FAQs

The Reserve Bank of Australia (RBA) sets interest rates and manages monetary policy for Australia. Decisions are made by a board of governors at 11 meetings a year and ad hoc emergency meetings as required. The RBA's primary mandate is to maintain price stability, which means an inflation rate of 2-3%, but also "..to contribute to the stability of the currency, full employment, and the economic prosperity and welfare of the Australian people." Its main tool for achieving this is by raising or lowering interest rates. Relatively high interest rates will strengthen the Australian Dollar (AUD) and vice versa. Other RBA tools include quantitative easing and tightening.

While inflation had always traditionally been thought of as a negative factor for currencies since it lowers the value of money in general, the opposite has actually been the case in modern times with the relaxation of cross-border capital controls. Moderately higher inflation now tends to lead central banks to put up their interest rates, which in turn has the effect of attracting more capital inflows from global investors seeking a lucrative place to keep their money. This increases demand for the local currency, which in the case of Australia is the Aussie Dollar.

Macroeconomic data gauges the health of an economy and can have an impact on the value of its currency. Investors prefer to invest their capital in economies that are safe and growing rather than precarious and shrinking. Greater capital inflows increase the aggregate demand and value of the domestic currency. Classic indicators, such as GDP, Manufacturing and Services PMIs, employment, and consumer sentiment surveys can influence AUD. A strong economy may encourage the Reserve Bank of Australia to put up interest rates, also supporting AUD.

Quantitative Easing (QE) is a tool used in extreme situations when lowering interest rates is not enough to restore the flow of credit in the economy. QE is the process by which the Reserve Bank of Australia (RBA) prints Australian Dollars (AUD) for the purpose of buying assets - usually government or corporate bonds - from financial institutions, thereby providing them with much-needed liquidity. QE usually results in a weaker AUD.

Quantitative tightening (QT) is the reverse of QE. It is undertaken after QE when an economic recovery is underway and inflation starts rising. Whilst in QE the Reserve Bank of Australia (RBA) purchases government and corporate bonds from financial institutions to provide them with liquidity, in QT the RBA stops buying more assets, and stops reinvesting the principal maturing on the bonds it already holds. It would be positive (or bullish) for the Australian Dollar.


Date

Created

 : 2025.11.18

Update

Last updated

 : 2025.11.18

Related articles


Show more

FXStreet

Financial media

arrow
FXStreet

FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.

Was this article helpful?

We hope you find this article useful. Any comments or suggestions will be greatly appreciated.  
We are also looking for writers with extensive experience in forex and crypto to join us.

please contact us at [email protected].

Thank you for your feedback.
Thank you for your feedback.

Most viewed

Fed's Waller: Weak job market justifies rate cut in December

Federal Reserve (Fed) Governor Christopher Waller said that the US central bank should cut the interest rates when policymakers meet in December, Bloomberg reported late Monday. Waller added that he's grown concerned over the labor market and the sharp slowdown in hiring.
New
update2025.11.18 08:54

Japan's PM Takaichi eyes tax cuts to spur investment

Japanese Prime Minister Sanae Takaichi will launch tax-reform talks this week, aiming to cut certain taxes to stimulate investment and consumption while raising others and eliminating breaks to fill the fiscal hole, Nikkei Asia reported late Monday. 
New
update2025.11.18 08:41

USD/JPY gathers strength above 155.00 as traders brace for return of US data

The USD/JPY pair trades in positive territory near 155.20 during the early Asian session on Tuesday.
New
update2025.11.18 08:30

When are the RBA Minutes and how could they affect AUD/USD?

The Reserve Bank of Australia (RBA) will publish its minutes of its monetary policy meeting on Tuesday at 00.30 GMT.
New
update2025.11.18 07:30

EUR/USD falls below 1.1600 as Dollar strengthens ahead of US NFP

The EUR/USD registers loses during the North American session down 030% as the Greenback enjoys a healthy recovery on speculation that the Federal Reserve might hold rates unchanged. The pair trades at 1.1589 after reaching a daily high of 1.1624.
New
update2025.11.18 06:54

FX Today: Focus should be on RBA Minutes, ADP Weekly and Fedspeak

The US Dollar (USD) managed to regain fresh upside impulse on Monday, rebounding from recent multi-day lows as market participants continued to gauge upcoming US data releases and the likelihood of further rate cuts by the Federal Reserve.
New
update2025.11.18 03:54

Gold holds near $4,080, capped by hawkish Fed ahead of NFP data

Gold (XAU/USD) trades choppy during Monday's session as market participants now expect the Federal Reserve (Fed) will keep rates unchanged at the December meeting, while they also wait for the release of the first tranche of US economic data this week.
New
update2025.11.18 03:48

Dow Jones Industrial Average extends backslide as stocks weaken ahead of stale data

The Dow Jones Industrial Average (DJIA) hit another weak patch on Monday, backsliding around 270 points and slipping back below the 47,000 handle to start the new trading week with many of the same questions from last week going unanswered.
New
update2025.11.18 03:47

USD/JPY holds near nine-month highs as USD strengthens

The Japanese Yen (JPY) weakens against the US Dollar (USD) on Monday as Japan's expansionary fiscal stance under Prime Minister Sanae Takaichi continues to weigh on the currency.
New
update2025.11.18 03:26

Silver edges higher but remains constrained below $51.00 amid mixed market signals

Silver (XAG/USD) trades slightly higher on Monday, around $50.90 at the time of writing, up 0.50% on the day.
New
update2025.11.18 02:52

Disclaimer:arw

All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.

The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.

  • Facebook
  • Twitter
  • LINE

Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy

I agree
share
Share
Cancel