RBA holds at 3%

Title says it all. RBA has seen stabilisation in other countries particularly China as one of the reasons why no further cuts are given.

However, the results are a very much predicted one. In the Forex, Aud/Usd continues to trade around 0.74, which is pretty good. Aud/RM is about RM2.61.

Hopefully it'll only go higher and reaches 0.80 or even 0.90 around August, that's when I go travelling. He He!

Now awaiting 3pm VIC budget, not expecting too much surprises either. The federal budget would be more interesting and challenging to look at.