RBA watcher/punter Terry McCrann at the Herald Sun says officials will “probably” leave rates unchanged at the Feb 6 meeting (click the first result to avoid the paywall).
In the past week, the OIS-implied probability of a rate cut has declined to 24% from 41%. That hasn’t translated into a higher Australian dollar but it underscores support in the 1.0380/1.0400 range.
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