News Headline Summary

AUD/USD remains higher today ahead of the RBA rate decision overnight; trades 1.0431 (+27 pips)

Analysis details (19:52)

- The central bank are largely expected to keep rates on hold at 3.00%, however 4 of 28 analysts surveyed are forecasting a 25BPS rate cut.

- The RBA last cut its cash rate in December by 25BPS to 3.00% back to levels last seen during the global financial crisis four years ago.

04 Feb 2013 - 19:50 - - Source: RANsquawk

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