The Australian dollar is a touch lower after the Reserve Bank of Australia published their July meeting minutes. This was the meeting where a rate cut was overwhelmingly expected, but not delivered. The minutes emphasised the RBA's cautious approach:RBA July minutes: Further rate cuts are warranted over time, focus on timing & extentAUD/USD update:Visit investingLive.com (formerly ForexLive.com) for additional, original views. This article was written by Eamonn Sheridan at investinglive.com.