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Money: 3 Nov 15

THIS afternoon it won’t be just the Melbourne Cup taking the nation’s attention - the Reserve Bank is also set to release its latest interest rate decision. The RBA is expected by most analysts to leave the headline rate unchanged at 2%, despite the cooling housing market and low consumer confidence levels. However some are predicting a further easing of the interest rate which would likely see the Aussie dollar drift even lower. Wholesale rates this morning: US $0.712 UK £0.462 ...

The above snippet is the first part of an article sent to subscribers in Travel Daily's issue from 03 Nov 15

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