The Pound Australian Dollar exchange rate is likely to trade tomorrow according to the release of the meeting minutes from the Reserve Bank of Australia’s latest policy meeting.
Rate cut rhetoric could cast a shadow across present AUD optimism; however, analysts are confident that policymakers will postpone monetary policy loosening until more conclusive data is available.
Elsewhere, Chinese data may have some impact upon Australian Dollar exchange rates, while Sterling performance could fluctuate according to risk flows and central bank speculation. A lack of significant UK data caps GBP tailwinds amid a quiet week for economic data