RBA will keep the base interest rate unchanged.

Reserve Bank of Australia (RBA) will likely keep the base interest rate unchanged. From TD Securities predict that the interest rate 2.00 percent in Australia will not be changed throughout 2016.

At present RBA is set positive. The only problem will be if inflation remains too low. Only in this case will be possible reaction of Glenn Robert Stevens (7th Governor of the RBA) to mitigate the monetary policy. So far, no such preconditions. Аccording to Stevens, inflation is low and should remain so, with the economy likely to have a degree of spare capacity for some time yet. Inflation is forecast to be consistent with the target over the next one to two years, but a little lower than earlier expected.

Following the introduction of an interest rate differential between loans to investors and owner-occupiers a number
of borrowers have changed the purpose of their existing loan.

Additional, there are continuation in the expansion of the regulations in the Forex market. The motivation, according to Guy Debelle (Assistant Governor - Financial Markets),for the changes to the foreign exchange benchmarks is to reduce the incentive and opportunity for improper behaviour by market participants. The implementation of the recommendations in the FSB benchmark report, together with the enhanced scrutiny externally and within trading organisations, appears to have moved the market in a favourable direction.

AUD, as well as other currencies, based on raw materials (NZD, CAD ...) are under pressure, by the strong USD and 77.5 percent probability the Fed to raise rates of 16 to 17 December.