RBA Preview: Low Inflation, Strong AUD Put Odds in Favor of Rate Cut

Source: www.forexfactory.com --- Sunday, July 31, 2016
Markets are pricing in a strong chance that the Reserve Bank of Australia (RBA) will make history tomorrow by cutting the cash rate to a record-low 1.5%, in a bid to revive inflation and fast-track an economic recovery amid the mining downturn. Last week's June-quarter inflation figures were a mi... ...

from Australia http://ift.tt/2anjyaJ