The Australian dollar will be in the spotlight this week as the Reserve Bank of Australia (RBA) delivers its interest rate ...
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The WSJ Dollar Index was up 0.2% to 101.27 — snapping a three-trading-day losing streak.
The AUD/USD currency pair has captured significant attention among forex traders during recent global economic shifts. The exchange rate between the Australian Dollar (AUD) and the U.S. Dollar ...
The AUD/USD outlook indicates a cautious RBA that has kept the Aussie strong despite a rate cut while USD remains fragile.
While the G10 fell against the US dollar (USD BBDXY +0.2%), which was boosted by higher yields, AUDUSD was only slightly lower at 0.6352. RBA Governor Bullock’s warning not to expect a series of rate ...
The RBA statement should back prospects for a shallow easing cycle and anchor the Australian dollar against its U.S counterpart in the near term, Westpac said.
Australia’s central bank cut interest rates for the first time since 2020 as inflation approaches the top of its 2-3% target, while signaling a cautious approach to any further easing.