Pound sterling vs Australian dollar outlook: AUD to remain under pressure but month-end buying protects the downside
- Category: Australian Dollar News
- Written by Rob Samson
Above: The RBA will not raise interest rates tomorrow says one analyst. Markets aren't so sure though.
The Australian dollar is trading softer on Monday morning as global markets head lower. While broad-based market sentiment is proving unsupportive to the Australian currency there is also the fear that the RBA could cut interest rates tomorrow.