The RBA decides on 29 September, a day before August CPI. How do you plan around a central bank that moves before the data?

The Reserve Bank of Australia's Monetary Policy Board meets on 28 and 29 September and announces its decision at 2:30 pm AEST on Tuesday 29 September, which is 04:30 UTC. The cash rate target is 4.35%. In August the Board said it would continue to do what it considers necessary to bring inflation back to target, "including increasing the cash rate target further if upside risks materialise" (report).

The Australian Bureau of Statistics publishes August CPI on 30 September, the day after the decision. The July figures were 3.5% for headline inflation, down from 3.8% in June, and 3.6% for trimmed mean inflation, unchanged. August labour force data come out on 24 September. Growth in the June quarter was 0.4% (report).

That leaves a decision made before the newest inflation figure, on the strength of guidance that depends on "if". It is a good test of how members plan around an event.

• Do you trade AUD pairs around the RBA decision, or wait for the press conference or the CPI?
• How do you position, if at all, when guidance is conditional rather than clear?
• Do you treat the jobs report on 24 September as part of the RBA trade, or as a separate event?
• What do you look at first in the statement: the decision, the inflation wording, or the labour market wording?

Commodity currencies explained covers what else moves the Australian dollar besides the RBA. Please share your own approach, not calls for others to copy. Posts that promise a direction or sell signals will be removed.