Flash: RBA minutes mixed signals for mkts - Rabobank

FXStreet (Guatemala) - The RBA gave us mixed signals on outlook, with price action correcting initial movement. Rabobank explained the minutes and price action.

Key Quotes

"This morning’s RBA minutes showed the Bank was perhaps slightly less worried about the strong Q4 CPI data than had been presumed, talking about the release having an element of both “signal” and “noise.” "

"AUD, which has been pushed and pulled by contradicting data releases both at home and in China, was again slightly confused by the news, falling, then retracing its losses".