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Aug 05 - 10:55 PM

AUD/USD - What To Watch For In The RBA Rate Decision

By Krishna K  —  Aug 05 - 09:55 PM
  • RBA rate decision, Statement on Monetary Policy at 0430 GMT/2.30 PM AEST

  • C.bank holds media conference on monetary policy decision at 0530 GMT

  • Expected to hold rates at 4.35%, issue updated economic forecasts

  • Likely to repeat that it remains vigilant to upside risks on inflation

  • May adopt less hawkish tone on soft Q2 core inflation, global growth concern

  • Rate hike debate unlikely, may remove "ruling anything in or out on policy"

  • Odds of a Sep rate cut at 37%, Nov rate cut fully priced in 0#RBAWATCH

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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