AUD/USD flows: RBA Kept Rates Unchanged

As per forecast, the RBA has kept interest rate at 4.35%. While headline inflation is getting closer to target range, the RBA has downplayed it by government energy subsidy and is now looking towards the mid point of target range or "underlying, RBA trimmed mean" inflation before taking action.

The AUD/USD sunk further by 0.65% to 0.6398.