RBA Might Cut Rates Again Before End of 2012: Expert

4:40 AM ET Tue, 2 Oct 2012

Hamish Pepper, FX Strategist at Barclays, tells CNBC that the Royal Bank of Australia may cut rates again by another 25 basispoints to 3 percent before the end of 2012, and that the market is factoring in a 70 percent chance of a cut in November from the RBA.