Back
1 Jul 2016
Reuters poll: RBA seen holding rates at July 5 meeting
According to the latest Reuters poll, the Reserve Bank of Australia (RBA) is seen holding the official cash rate (OCR) at its monetary policy review meeting scheduled next week.
Key Details:
35 out of 37 respondents see rates on hold at 1.75% next meeting on 5 July
Majority expect RBA will ease in Q3 2016
Meanwhile, the AUD/USD pair is seen re-attempting 100-DMA barrier at 0.7460, recording a +0.11% gain on the day.