RBA to cut rates again by 25bps over next few months - ANZ

The latest of the banks coming out with revised forecasts post-RBA 3 May

ANZ's previous view was for the RBA to remain on hold for longer and they did not forecast a cut today.

Earlier I reported that Deutsche Bank are now looking for the RBA cash rate to be down to 1.25% by mid-2017

Meanwhile AUDUSD 0.7567 finding added support as yen pairs find their own buyers after the recent fall. AUDJPY back up to 80.20 after holding 80.00 so far.

investingLive Premium
Telegram Community
Gain Access