According to CoinMeta, Westpac Bank expects that due to the overall indicators and indicators after excluding the average for the second quarter falling short of expectations, the Reserve Bank of Australia (RBA) will maintain the cash rate at 4.35% in August, which is in line with the RBA's previous expectation to keep interest rates unchanged. The bank believes that although the previously mentioned downside risks have materialized, the transmission effect of energy costs caused by the Middle East conflict to consumer prices has not persisted in recent months. Both banks expect that even if the RBA maintains interest rates unchanged, it will continue to use a hawkish tone. Therefore, simply "standing still" may have a limited impact on the Australian dollar trend. What the market is more concerned about is whether the committee's tone will clearly shift towards a dovish stance or whether it will continue to maintain a cautious position.