Aussie Dollar Sinks on Key RBA Call

Aussie dollar sinks on key RBA call

The Australian dollar has immediately sunk following the Reserve Bank of Australia’s Melbourne Cup meeting.

(RBA) Statement by the Reserve Bank Board: Monetary Policy Decisions

At its meeting today, the Board decided to leave the cash rate unchanged at 3.60 per cent. Inflation has recently picked up. Inflation has fallen substantially since the peak in 2022, as higher interest rates have been working to bring aggregate demand and potential supply closer towards balance. More recently, however, inflation has picked up. Trimmed mean […] The post (RBA) Statement by the Reserve Bank Board: Monetary Policy Decisions appeare…

Australian Dollar loses ground ahead of RBA policy decision

Australian Dollar (AUD) declines against the US Dollar (USD) on Tuesday, continuing its losing streak for the fifth successive session. The AUD/USD pair remains subdued ahead of the November interest rate decision by the Reserve Bank of Australia (RBA) due later in the day.

Asian forex mute, RBA in focus

The Australian dollar tread water before the conclusion of a Reserve Bank of Australia meeting on Tuesday, where the central bank is widely expected to leave rates unchanged Most Asian currencies kept to a tight range on Monday, extending a muted performance. The Australian dollar tread water before the conclusion of a Reserve Bank of Australia (RBA) meeting on Tuesday, where the central bank is widely expected to leave rates unchanged. The yen …