FX Watch: AUD/JPY and AUD/NZD’s Setups if RBA’s Rate Cut Causes Brief AUD Weakness

The Reserve Bank of Australia (RBA) is expected to cut its interest rates this week!

Our Event Guide for the RBA July Decision suggests that the decision will likely result in shallow dips for the Aussie since the move is already priced in and widely expected.

Here’s why AUD/JPY and AUD/NZD could be worth a look if the RBA delivers the anticipated 25bp cut.