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RBA ASSIST GOV LOWE SPEECH HIGHLIGHTS - AUDUSD AUDJPY EURAUD*

FX:AUDUSD   Australian Dollar/U.S. Dollar

Gov             Lowe speech Highlights:


-RBA GOV             LOWE SAYS INFLATION IS EXPECTED TO REMAIN LOW FOR SOME TIME, BUT THEN TO GRADUALLY PICK UP AS LABOUR MARKET CONDITIONS STRENGTHEN
-RBA GOV             LOWE SAYS OUR VIEW IS THAT A FLEXIBLE MEDIUM-TERM INFLATION TARGET REMAINS THE RIGHT MONETARY POLICY FRAMEWORK FOR
-RBA GOV             LOWE SAYS  A FLEXIBLE MEDIUM-TERM TARGET IS THE BEST WAY FOR US TO DELIVER LOW AND STABLE INFLATION IN A WAY THAT CONTRIBUTES TO OUR OTHER BROAD RESPONSIBILITIES
-RBA GOV             LOWE SAYS  WE EXPECT THE ECONOMY TO CONTINUE TO BE SUPPORTED BY LOW INTEREST RATES AND THE DEPRECIATION OF THE EXCHANGE RATE SINCE EARLY 2013
-RBA GOV             LOWE SAYS HOUSING SITUATION IS SOMEWHAT MORE COMFORTABLE THAN IT WAS A YEAR AGO, ALTHOUGH WE CONTINUE TO WATCH THINGS CAREFULLY
-RBA GOV             LOWE SAYS OUR JUDGEMENT IS THAT PAST EASING IN MONETARY POLICY IS SUPPORTING JOBS AND ECONOMIC ACTIVITY
-RBA GOV             LOWE SAYS BOARD VERY CONSCIOUS THAT RATE CUTS MEAN LOWER INTEREST INCOME FOR SAVERS 
-RBA GOV             LOWE SAYS THE ECONOMY IS ADJUSTING REASONABLY WELL TO THE UNWINDING OF THE BIGGEST MINING INVESTMENT BOOM IN MORE THAN A CENTURY
-RBA GOV             LOWE SAYS RECENT GDP DATA A LITTLE ABOVE MOST ESTIMATES OF TREND GROWTH IN OUR ECONOMY. 
-RBA GOV             LOWE SAYS  STORY ON INCOME GROWTH HAS BEEN LESS POSITIVE, WITH GROWTH IN NOMINAL GDP BEING DISAPPOINTING
-RBA GOV             LOWE SAYS IMPORTANTLY, THE DRAG FROM THE FALL IN MINING INVESTMENT WILL COME TO AN END
-RBA GOV             LOWE SAYS LOW WAGE GROWTH AND LOWER COMMODITY PRICES HAVE MEANT THAT CPI             INFLATION HAS BEEN QUITE LOW OVER RECENT TIMES
-RBA GOV             LOWE SAYS  IF THESE INCREASES WERE TO BE SUSTAINED THEN WE COULD LOOK FORWARD TO THE DRAG ON NATIONAL INCOME FROM FALLING COMMODITY PRICES COMING TO AN END
-RBA GOV             LOWE SAYS RECENT NEWS ON COMMODITY PRICES HAS BEEN A BIT MORE POSITIVE THAN IT HAS BEEN FOR A WHILE
-RBA GOV             LOWE SAYS HOUSEHOLD CONSUMPTION GROWTH HAS BEEN OK, NOT FAR FROM TREND
-RBA GOV             LOWE SAYS A LOWER AUD WOULD BE HELPFUL
-RBA GOV             LOWE SAYS , BUT OF COURSE MOST CENTRAL BANKS WOULD LIKE LOWER CURRENCIES
-RBA GOV             LOWE SAYS UNDERSTANDABLE WHY AUD HAS RISEN OVER RECENT MONTHS, BUT GOOD IF A BIT LOWER
-RBA GOV             LOWE SAYS LABOUR MARKET STORY POSITIVE OVERALL, CAN LOOK FORWARD TO REASONABLE JOBS GROWTH
-RBA GOV             LOWE SAYS LABOUR MARKET NOT AS STRONG AS HEADLINE UNEMPLOYMENT RATE SUGGESTS
-RBA GOV             LOWE SAYS VERY UNLIKELY RBA WILL RUN OUT OF POLICY ROOM
-RBA GOV             LOWE SAYS GOVERNMENT COULD USE BALANCE SHEET TO BORROW TO FUND INFRASTRUCTURE INVESTMENT
-RBA GOV             LOWE SAYS WOULD BE WATCHING MARKET REACTION SHOULD TRUMP BE ELECTED
-RBA GOV             LOWE SAYS DO NOT HAVE A PARTICULAR CONTINGENCY PLAN FOR MARKETS SHOULD DONALD TRUMP BE ELECTED US PRESIDENT
-RBA GOV             LOWE SAYS FURTHER CUT IN RATES IS POSSIBLE, DEPENDS ON WHOLE RANGE OF FACTORS
-RBA GOV             LOWE SAYS POCKETS OF SPARE CAPACITY IN CHINESE ECONOMY, BUT DO NOT WANT TO OVERSTATE THE PROBLEMS
all this pair are expected to get long u mean?
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No, this is just the RBA Assistant Govenors speech from this morning..
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