# FX Markets Around the Turn of the Year | Speeches | RBA

> Reserve Bank of Australia Assistant Governor Christopher Kent gave a speech on FX markets around the turn of the year. He discussed the decline of the Australian dollar swap basis to negative levels at short tenors during 2020 and a change in how the RBA uses FX swaps.

- Date: 2021-02-17 · published 2021-02-17T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/48888-fx-markets-around-the-turn-of-the-year-speeches-rba
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

The story concerns central bank funding mechanics rather than commodity supply or demand, so its direct effect on feed prices is minimal. It mainly signals policy stance toward the Australian dollar.

## Read by commodity

- AUDUSD: neutral

## Sources

- rba.gov.au: https://www.rba.gov.au/speeches/2021/sp-ag-2021-02-17.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.