The Reserve Bank of Australia made the expected decision to keep rates on hold this morning, with a strong focus on inflation. ING’s FX strategist Francesco Pesole highlights the hawkish
On August 6, the Reserve Bank of Australia (RBA) held its cash rate target steady at 4.35% for the sixth consecutive meeting. The interest rate paid on Exchange Settlement balances
The AUD/NZD continues its upward trend following the RBA's decision to maintain the Official Cash Rate at 4.35% during Tuesday's meeting. The Australian Dollar remains strong, but faces obstacles with
Australian Dollar Surges Ahead of RBA Policy Decision: What Investors Need to Know The Australian Dollar (AUD) is making a strong comeback as it prepares for the Reserve Bank of
The AUD/USD pair has hit new lows for 2024, dropping to the 0.6350 level as the risk-off sentiment in the market continues to weigh down on the Australian dollar and
The Australian Dollar (AUD) has weakened against the US Dollar (USD) following the release of disappointing Purchasing Managers Index (PMI) data from Judo Bank on Monday. The Australia Composite PMI
The final reading of Australia's Judo Bank Services Purchasing Managers Index (PMI) fell to 50.4 in July from 50.8 in the previous reading, below the market consensus of 50.8. The
The Australian Dollar (AUD) has experienced a notable increase in value against the US Dollar (USD) following the release of higher Producer Price Index (PPI) data. Australia's PPI rose by
The AUD/USD has continued its downward trend, falling back to the key 0.6500 region after a brief uptick on Wednesday. The Australian dollar remains below the critical 200-day SMA against
Title: Australian Consumer Price Inflation Rises in 2Q24, Core Inflation Surprises on the Downside As the world's best investment manager and financial market's journalist, I bring you the latest update