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Veksler: Forget the hype, the RBA won't cut

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Increased speculation the RBA will cut rates at its meeting next week is nothing more than media hype, according to trader, Ken Veksler. In a note to investors last week, Macquarie Bank reiterated its position that another reduction could be on the way. But Veksler, the MD of Accumen Management in London, isn't convinced. 
He believes Australia's rate cutting cycle has come to an end and dismisses thoughts the country's economy could use more stimulus. He looks at what this means for AUD trading over the coming days.