Australian Dollar Outlook: AUD/USD, S&P 500, Chinese Stocks Rise. Fedspeak, NFPs Eyed
The Australian Dollar recovered with the S&P 500 and Shanghai Composite. Was it another overreaction to the Fed? AUD/USD turns to RBA Governor Philip Lowe, Fedspeak and US NFPs next.
Read More »Australian Dollar Forecast: Flash PMIs Ease With RBA Talks in Focus
The Australian Dollar's rebound may have gained another tailwind after a positive flash PMI report from IHS Markit, although the readings eased from May. RBA Assistant Governor Ellis will speak…
Read More »AUD/USD Eyes RBA Minutes After Iron Ore Rally Fails to Lift Aussie Dollar
The Australian Dollar may be set for movement on today's RBA meeting minutes after rising iron ore prices failed to help bolster AUD/USD.
Read More »RBA will refrain from rolling its YCC bond forward to November 2024 – NAB
While market players are more interested in the US Nonfarm Payrolls (NFP), National Australia Bank (NAB) came out with its forecast for the Reserve Ba
Read More »Westpac forecast the RBA will extend its QE and shift YCC to the November 24 bond
Reserve Bank of Australia forecast from WPAC Main points Westpac make: And: Bolding mine. Note that the RBA has repeatedly said its not expecting to tighten cash rate policy until…
Read More »Central Bank Watch: BOC, RBA, & RBNZ Interest Rate Expectations Update
As the rise in global bond yields has steadied in recent weeks, nascent rate hike expectations have cooled off.
Read More »AUD/USD Rate Pullback to Adhere to RBA Interest Rate Decision
The Reserve Bank of Australia (RBA) rate decision may spark a bullish reaction in AUD/USD as the central bank is expected to retain the current course for monetary policy.
Read More »RBA February meeting minutes – very significant monetary support to be needed for some time
Minutes of the Reserve Bank of Australia’s monetary policy meeting earlier in the month. On the currency says: More, Headlines via Reuters: Full text:
Read More »Australian Dollar Forecast: Iron Ore Prices Counterbalancing Dovish RBA
The Australia Dollar may continue to gain ground on the back of surging iron ore prices, despite the RBA’s decision to extend its current $100 billion bond purchasing program.
Read More »Australian Dollar Rises as Lunar New Year Begins – Will AUD/USD Gain Further?
The Australian Dollar rose despite dovish commentary from RBA board member Ian Harper, who suggested their QE program has more room to run, if necessary. Elsewhere, Asia-Pacific trading is looking…
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