An interest rate cut appears to be in the cards for the RBA this week, but what if the central bank downplays future easing moves?
Our Event Guide for the RBA Decision points out that a 0.25% reduction in borrowing costs has been priced in for a while, so there could also be a case for profit-taking if policymakers stay optimistic about inflation.
Here’s what I’m watching on GBP/AUD and AUD/NZD if the event seems less dovish.
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