AUD/USD: Upside attempts remain capped below 0.7300 on RBA’s monetary policy statement
AUD/USD has bounced-off a dip to session lows of 0.7255, although the sellers continue to lurk near 0.7290 levels despite the RBA explicitly calling o
Read More »RBA SoMP – says not considering a further reduction interest rates
Reserve Bank of Australia Statement on Monetary Policy Text here Anyone see any bombshells in those highlights (via Reuters) ? AUD is little changed after the release and for the…
Read More »AUD/USD Breaks September Low Ahead of RBA, Fed Rate Decisions
The future implications of the US election may influence AUD/USD following the RBA and Fed rate decisions as Congress struggles to pass another round of fiscal stimulus.
Read More »Australian Q3 CPI, headline 1.6% q/q (expected 1.5%)
July to September inflation data (reminder, the RBA target for core inflation is 2 to 3% y/y). Headline 1.6% q/q For the y/y 0.7% Core inflation: Trimmed mean 0.4% q/q
Read More »AUD/JPY remains on the back foot around 74.50 after RBA minutes
AUD/JPY wobbles around 74.50 after RBA released minutes of the recent monetary policy on early Tuesday. In doing so, the pair marks a seventh consecut
Read More »RBA October meeting minutes – board to place more emphasis on actual inflation, not forecast inflation
Reserve Bank of Australia October 2020 policy meeting minutes Headlines via Reuters, bolding of a some of them is mine. Underlining too.
Read More »Australian Dollar, AUD/USD May Fall as Jobs Data Underscores Dovish RBA
The Australian Dollar may extend losses after rising unemployment underscored an increasingly dovish RBA, opening the door to AUD/USD resuming August’s top on bearish technical cues.
Read More »AUD/USD Outlook Hinges on RBA Meeting, Australia Budget Update
Key developments coming out of Australia may influence AUD/USD as the update to the federal budget lines up with the Reserve Bank of Australia (RBA) meeting on October 6.
Read More »Westpac have cancelled their October RBA rate cut forecast
Now forecasting November instead, at the Nov 3 meeting. NAB is October or November CBA and ANZ are both not in October either.
Read More »Australian Dollar May Extend Fall Despite Easing Covid-19 Restrictions
The Australian Dollar may extend its slide lower despite the planned easing of Covid-19 restrictions, as the market continues to price in an RBA rate cut on October 6.
Read More »