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RBA’s Bullock: Board discussed whether to hike rates at the meeting

Reserve Bank of Australia (RBA) Governor Michele Bullock is speaking at a press conference following the announcement of the June monetary policy decision on Tuesday.

Bullock is responding to questions from the media, as part of a new reporting format for the central bank starting this year.

Key quotes

Need a lot to go our way to bring inflation back to range.

Board discussed whether to hike rates at the meeting.

developing story ....

AUD/JPY remains on the defensive above 104.00, moves little after RBA decision

The AUD/JPY cross attracts some sellers following an Asian session uptick on Tuesday and stalls the overnight bounce from the 103.60-103.55 area or a multi-day low.
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FX option expiries for June 18 NY cut

FX option expiries for June 18 NY cut at 10:00 Eastern Time, via DTCC, can be found below - EUR/USD: EUR amounts 1.0600 1.4b 1.0670 1.5b 1.0675 1.3b 1.0725 718m 1.0730 842m 1.0750 799m 1.0775 1b - GBP/USD: GBP amounts 1.2450 555m 1.2500 666m 1.2560 668m - USD/JPY: USD amounts 154.00 1.9b 155.00 972m 156.00 436m 158.00 489m - USD/CHF: USD amounts 0.8850 500m - AUD/USD: AUD amounts 0.6440 781m 0.6590 621m 0.6700 837m - USD/CAD: USD amounts 1.3800 520m - EUR/GBP: EUR amounts 0.8600 410m .
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