Flash: RBA might provide little new info - Westpac

FXstreet.com (Barcelona) - Westpac currency analyst Sean Callow thinks the RBA minutes might provide little new information following the Statement of Monetary Policy released three days after the meeting. NAB shared this same view earlier.

“Perhaps there will be some focus on the likely return of the phrase 'use some of that scope' which on the day of the rate cut seemed to hint that a follow-up was likely at some point” Sean added.