Collating the Reserve Bank of Australia previews we've posted:
- HSBC says the RBA is more likely to cut the cash interest rate in August than today (July)
- Here is what the AUD needs to do to prompt an RBA rate cut
- RBA interest rate decision due today - here's a bank not expecting a rate cut
- RBA monetary policy decision due July 2 2019 - preview (most expect a rate cut)
- RBA likely to deliver second cut today - BAML
More:
- More on the 0.7 big figure for AUD/USD ... and on the 0.6960 level.
- the "balance of risks appears skewed to the upside"
Policy decision is due at 0430GMT.
Market pricing is 80%+ in favour of a cut, as are most analysts. but, its not unanimous.
An on hold decision from the RBA today should see the AUD sharply higher.
FWIW I think they'll be cutting.
