According to @business, Reserve Bank Deputy Governor Andrew Hauser said Australia’s monetary policy faces an unusual challenge. Source: @business Traders commonly monitor central bank language as a cue for positioning in AUD currency pairs, Australia government bond yields, and ASX financials because monetary policy transmits through interest rates and the exchange rate to asset prices. Source: Reserve Bank of Australia public materials on how monetary policy works Given the rising co-movement between crypto and equities during macro policy shocks, crypto majors such as BTC and ETH can see higher short-term volatility when policy uncertainty is elevated. Source: IMF Global Financial Stability Report, October 2022