🇦🇺 The $RBA is set to announce its decision on interest rates at 0430 GMT 🔁 The consensus is for the bank to keep interest rates unchanged; however, it is a close call 📊 $AUD/USD remains unable to move away from the 0.6700 area Full preview ⏩
entral bank to keep its monetary policy unchanged; however it is expected to be a close call and some analysts look for another 25 basis points rate hike. to 4.10%, a decision that once again came as a surprise, as the consensus was for no change. The central bank then said that the decision took place even as inflation has passed its peak but is still too high, and it will take time before it is back in the target range.
Even in the case of a hawkish surprise, the move could end up being negative for the Aussie if market participants become concerned about the economy, like what happened with the pound after the Bank of England's 50 basis points rate hike. The dynamics of the AUD/USD are more likely to be driven by the US Dollar and risk sentiment, as well as commodity prices that have offered signs of bottoming. A rebound would be positive; however, with central banks around the world still raising rates, a recovery seems vulnerable.Information on these pages contains forward-looking statements that involve risks and uncertainties.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Reserve Bank of Australia Preview: A close call, with AUD/USD vulnerableThe Reserve Bank of Australia (RBA) is set to announce its monetary policy decision on Tuesday, July 4 at 04:30 GMT. The market consensus is for the c
Lire la suite »
Asia-Pacific markets set to fall ahead of Australia's rate decisionThe Reserve Bank of Australia is expected to hike rates by 25 basis points, a Reuters poll showed.
Lire la suite »
Chicago Sky's Kahleah Copper named an All-Star reserveChicago Sky guard Kahleah Copper was named Saturday to a group of 12 reserves for the July 15 WNBA All-Star Game in Las Vegas.
Lire la suite »
A's Rooker selected as AL reserve in 2023 All-Star GameAthletics outfielder Brent Rooker is an All-Star for the first time.
Lire la suite »
Stunning WWE Money the Bank ending changes everything about Roman Reigns, The BloodlineWe have no choice but to look at The Bloodline storyline from a different lens after Money in the Bank.
Lire la suite »
FBI releases images of Round Lake bank robbery suspectThey think she's the same person who robbed the Great Lakes Credit Union in Round Lake Beach on June 24.
Lire la suite »