RBA Cut by 25bp: Where From Here?

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RBA Cut by 25bp: Where From Here?AUSTRALIAN DOLLAR / U.S. DOLLARFX_IDC:AUDUSDCityIndexThe Reserve Bank of Australia (RBA) finally delivered the 25bp cut I anticipated in July. I take a quick look at how they have updated the economic forecasts that matter, and how Aussie markets reacted. Matt Simpson, Market Analyst at City Index and Forex.com