FXStreet (Guatemala) - Analysts at UOB Group noted that the RBA, on Tuesday, left the cash rate at a record-low of 2.0%, but indicated that weaker inflation levels may allow the bank to ease policy again if needed. Key Quotes: "We continue to see the cash rate remaining at 2.00% for now, although we acknowledge that low inflation and major banks’ tightening may eventually force the hand of the RBA. At this juncture, we are keeping our AUD/USD forecasts intact, looking for the pair to hover around the 0.710-region into year-end." "Australia’s trade deficit was seen contracting in September as resource exports rose at a solid pace, indicating that the lower AUD is having a positive impact on the trade sector." "The merchandise trade gap narrowed some 15% from a revised AUD2.71bn in August to AUD2.32bn in September, and against expectations for a AUD2.9bn trade gap in September." For more information, read our latest forex news.