AUD traders - heads up for the RBA announcement, due at 0430GMT

Discussion in 'Fundamental Analysis' started by ForexLive, Aug 2, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    If you need a heads up. - The current cash rate target is 1.75% - 20 of 25 economists polled by Bloomberg expect a cut (prior to the Q2 CPI release last week, 24 of 25 had been expecting a cut. 4 have thus changed sides, citing inflation being at the RBA target and the bank will therefore not move today)

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