"Nothing suss" is a term which means "nothing suspicious"
That's the two-word summary of the Australian Securities and Investments Commission (ASIC)
"investigation into the movements in the Australian dollar shortly before the Reserve Bank's monetary policy decisions for February, March and April 2015.
The enquiry is investigating trading in the dollar in the minute prior to the RBA's interest rate decision statement at 2.30pm."
Here's the longer summary:
Preliminary findings reveal moves in the Australian Dollar ahead of the announcement to be as a result of normal market operations in an environment of lower liquidity immediately ahead of the RBA announcement.
Dear.
Oh.
Dear.
I've already posted on this today - here: RBA decision leaks ... its time to stop blaming the HFTs and algos
So I ain't gonna repeat myself.But. I am, err, not confident the investigators are asking the right questions and going about it the right way. But, whatever.
Anyone seen this movie? I like it
