AUD/USD flows: RBA Cut by 25bps

As per forecast, RBA cuts cash rate by 25 bps to 3.60%, citing easing labor market and clarity on U.S. tariffs. The RBA seems to be happy about private demand while stays vigilant on consumption recovery. Their forward guidance remain data dependence and we expect another cut in November.

AUD/USD is currently trading unchanged at 0.6513 after dipping to 0.6499 as a knee jerk reaction.