Australian household spending flat in August, missing forecasts ahead of RBA decision
AUD/USD — All Desk Targets
23 desks
| Firm | Stance | YE 2026 |
|---|---|---|
UOB | Bearish | 0.7120 |
Bank of America | Bullish | 0.7000 |
Rabobank | Bullish | 0.7200 |
From the original
The flat print gives markets a small reason to question how much further the RBA needs to go, not whether it hikes today, so any reaction is more likely in November pricing and statement tone. Softer domestic demand sits awkwardly with the RBA's inflation worries but fits the arg
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