Ahead of tomorrow’s rate decision by the Reserve Bank of Australia, the dollar from down under has been getting stronger. Of course it was aided a bit last Friday by some weakness in the greenback after the disappointing jobs numbers. But the rock-solid market consensus on the RBA holding fast once again has started to shake. While it’s still very unlikely that there will be a change in the actual policy, what investors could fret more about is a change in tone. After the last meeting, the RBA set things up as if rates wouldn’t go higher. But in light of the recent data, there has been an increasing risk that the RBA ... (full story)