A tricky decision for the RBA tomorrow- check out the slide in AUD/JPY in recent days

Very early tomorrow morning, at approximately 4.30am GMT the Reserve Bank of Australia is due to announce their latest monetary policy decision. Now, prior to last Friday the markets were expecting no change in the 4.35% OCR (Official Cash Rate). However, given all that has transpired in recent days, surely such an unchanged outcome is much more in the balance now? The AUD has slumped versus the Yen since the last time the RBA made such a decision, but that is all about the Yen really and not the AUD. Since peaking at 109.37 on July 11, the AUD/JPY has crumbled to a low earlier today at 90.15. That is nigh on 20% in around 3 weeks. The slide in global stock markets over the past couple of weeks, accelerated in recent days, does beg the question as to what the RBA will decide to do tomorrow. The outcome must be more in the balance right now, and certainly more than it was this time last week. The AUD/JPY is currently trading at 91.67