RBA Rates came out with no cut as expected

The RBA is released the Cash Rate today and held steady at 1.00% amid a global share market selloff

Consensus was for rates to be on held at 1.00%

AUDUSD prior to the move at 0.6779…spikes 30 pips on the release

Trader will be watching the statement for signs of further cuts to buoy the market in the next meeting for the RBA