AUD/USD: RBA may reduce interest rate again. Fundamental analysis for 05.08.2016.

Forex analytics: Today at 04:30 (GMT+3), the RBA has presented comments on the decision to cut rate to 1.5%, adopted on Tuesday and assessment of the future prospects for the Australian economy and inflation growth. The RBA expects that core inflation will be below the target level of 2%-3%, in the range of 1.5% to 2.5% by the end of 2018. Earlier, in the May, the Central Bank of Australia statedabout the ...