Poll by Reuters on 42 economists

  • 41/42 see the RBA holding cash rate steady at 1.5% in December meeting
  • 28/42 forecast a steady rate outlook by Sept 2018, 14 expect a rate hike by then
  • 23/41 sees at least one rate hike by Dec 2018, 1 expects rate cut

Not very farfetched timelines, as most expect the RBA to act in around Q3-Q4 2018.

AUD/USD has been in a narrow range of 20 pips today. Currently trading at 0.7571.