RBA Minutes & BoJ Meetings

Minutes from this month's RBA rate cut meeting due tonight will likely show more indications of further easing for 2013. Ashraf's Premium Insights issued fresh longs on the eve of this month's anticipated rate cut, on the rationale that the rate easing was widely aimed at capping the Aussie rather  than averting a fullfledged slowdown. And so rather than chasing the Aussie above $1.06, the theme remains buying the dips vs USD and JPY, with AUDUSD 1.0490 a cnsiderable support. In JAPAN, it appears that the BoJ will discuss adjusting its inflation at Wednesday's 2-day meeting, but a decision won't be announced until January. This may offer the opportunity for a temporary pullback in JPY crosses, before renewed gains take hold at the New Year . MORE ANALYSIS & CHARTS here: http://www.cityindex.co.uk/market-analysis/market-news/3824842012/nikkei-looks-up-after-abe/