What is it? It checks the interest rate charged on overnight loans.
Short term interest rates are the most important factor in currency valuation - traders look at most other indicators merely to predict how rates will change in the future.
Usual Effect: If the actual number is bigger than the forecast, you can expect the AUD to rise.
When? October 6th at 11:30pm Eastern Time.
Trading Tip: The announcement can greatly affect the AUD, make sure to make your trade before.
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