Good to have the RBA on side. " The RBA left its cash rate...

Good to have the RBA on side.

"
The RBA left its cash rate unchanged at a record low of 1.50% today, maintaining the neutral stance on interest rates outlook.

The Aussie fell sharply after the RBA expressed concerns over rising house prices, while adding that a higher AUD would complicate the economy's transition away from mining."

https://www.fxstreet.com/news/aud-jpy-takes-a-u-turn-drops-towards-8450-on-rba-201704040440