The RBA kept interest rates on hold as widely expected and the AUD relief rally continues

AUDUSD now broken up through 0.7120 offers/res but stalling at the next tranche at 0.7135. More nearby into 07150.

AUDNZD has posted 1.0976 before retreating shy of the 4 Oct 1.1004 high with traders cautious on the GDT auction later and Fonterra's bullish view of the TPP agreement on NZ dairy market

GBPAUD and EURAUD are both still near session lows of 2.1250 and 1.5666 in a continuation of recent trend

TD Securities are the latest to rule out RBA cuts anytime soon

Expect AUD to remain underpinned but bulls may have to be patient on further gains for the moment