Forex Flash: RBA holds rates the coming week and without giving signs of lowering them - TDS

FXstreet.com (Barcelona) - with the AUD/USD finally in 1.0259 after having recently threatened the trend line upward medium-term coming from lows of June last year, TD Securities Analysts are running: "We have three possible scenarios for the meeting of the RBA of the week is coming," they say.

"Our basic line poses a scenario in which the RBA maintains rates to 3% unchanged and offers no obvious signs of an imminent rate cut," they added in TDS, suggesting: "Anyway, two risk scenarios are negative for AUD," they conclude.