RBA Governor Michele Bullock is scheduled to speak at 03:05 UTC on 28 July 2026, making the Australian dollar the focal point of the Asia-Pacific session. Central bank speeches are closely followed for any tone shift on policy, inflation and the growth outlook.
What the RBA Bullock speech measures
This is not a data release but a public address from the head of the Reserve Bank of Australia. Traders parse the language for clues on the RBA’s assessment of inflation, the labour market and the likely path of the cash rate.
Because the governor’s words can carry more nuance than a scheduled statement, markets watch the delivery, question-and-answer session and any deviation from prior guidance. There is no forecast or previous figure attached to a speech, so the emphasis is entirely on tone and content.
How the AUD pairs are trading
Across our feed the Australian dollar is broadly firmer heading into the address. AUDSGD leads at 0.90219, up 0.32% on the day, followed closely by AUDUSD at 0.70011, higher by 0.29%.
On the crosses, GBPAUD is the biggest decliner at 1.90234, down 0.25%, reflecting a softer pound against the Aussie. AUDCAD sits at 0.98493, up 0.13%, while EURAUD trades at 1.62585, down 0.13%, and AUDNZD is marginally lower at 1.20442, off 0.11%.
These levels are factual snapshots from our feed and describe current positioning, not an outcome.
The speech is watched for any signal on the RBA’s policy stance and the tone of its inflation and growth commentary.
Descriptive market news from the ForexBullion Research Team. Not investment advice.
