AUD: RBA to stay on hold - TDS

FXStreet (Delhi) – Research Team at TDS, expects no change in RBA rates when they will meet on Tuesday, but how will the board view global market volatility and the lower exchange rate?

Key Quotes

“The Board will preview their updated GDP and CPI staff projections (out Friday), but is unlikely to prompt any alteration to Dec’s “chill out” easing bias.”