Australian greenback dribbling a tiny bit decrease after the RBA minutes

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 & extent

AUD/USD update:

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This article was written by Eamonn Sheridan at investinglive.com.