RBA’s Lowe: Hard to say if AUD is too high given ‘reasonable growth outlook’

More comments flowing in from RBA Governor Lowe, as he continues to speak at the Q & A session, although this time on the AUD level.

Key Points:

Some adjustments to Dodd-Frank rule in US may be sensible

AUDUSD still around average levels as over last year

AUD has moved reasonably with commodity prices

Hard to say AUD too high, that could change if global outlook downgraded