FXstreet.com (Barcelona) - Minutes of Reserve Bank of Australia confirms the "wait and see" mode from the central bank, according to TD Securities strategist Alvin Pontoh.
"We continue to believe that the next move is down, although the trigger for the timing of the next rate cut remains unclear at this stage," he says. In oher words, TDS is no longer that confident the cut may come in August.
"We continue to believe that the next move is down, although the trigger for the timing of the next rate cut remains unclear at this stage," he says. In oher words, TDS is no longer that confident the cut may come in August.
