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AUD – Jigsaw Rubber Interlocking Mats

The AUD traded in a very tight range against most of its trading partners on Monday. There were no tier one data releases locally or abroad which contributed significantly to the lack of volatility. Today we look forward to the Monetary Policy Meeting Minutes from the RBA at 11:30 AEST. Given last month’s rise in unemployment and strong inflation read, markets are looking for the RBA to explain its decision at the start of the month to keep the cash rate at 2.5%. The price of interlocking EVA rubber jigsaw gym mats is stable.