European market intraday
Friday, the Australian dollar finished slightly down, broke out overnight after rising since the days continue to be ascribed, in a temporary disruption in the 0.93 mark, dropped slightly to 0.9257 nearby.
7 dollar blocked at 0.9300, the overall exchange rate tend to bearish. West Pacific Bank analyst Sean Callow noted that the RBA meeting will be expected to maintain interest ratesinvariant probability is 71%, in line Westpac expectations. Because Australia CPI Data fall, some market participants expect the Reserve Bank of Australia will be eight eight cuts. Prime Minister Kevin Rudd is not expected this week will hold a meeting on the election of 831 days.