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RBA's Heath: AUD fall has helped to improve competitiveness

FXStreet (Bali) - Alexandra Heath, Head of Economic Analysis at the Reserve Bank of Australia, notes that AUD fall has helped to improve competitiveness.

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Economy has `done quite well' versus previous trade cycles

Forecasting terms of trade particularly difficult

Australia growth `not as strong as we would like'

USD/CNY outlook for day ahead - Westpac

Analysts at Westpac Banking Corporation noted that Reuters cited IMF sources claiming that the yuan’s weighting in the SDR (special drawing rights) reserve currency would be lower than previously indicated.
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RBA's Heath: RBA forecasts show expected fall in unemployment rate

Alexandra Heath, Head of Economic Analysis at the Reserve Bank of Australia, keeps crossing the wires, saying that the RBA forecasts show expected fall in unemployment rate, adding that labour market outlook improving over course of year.
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