RBA’s Kent Highlights Recent ‘Sharp Rise’ in Aussie Volatility

RBA’s Kent Highlights Recent ‘Sharp Rise’ in Aussie Volatility

Global foreign exchange markets recorded a “sharp rise” in volatility earlier this month as traders worked through the potential impact of US tariff announcements, before becoming “more settled” in recent days, according to Reserve Bank of Australia Assistant Governor Christopher Kent.

RBA’s Kent highlights surge in FX volatility, stresses importance of market standards - Action Forex

In a speech today, RBA Assistant Governor Christopher Kent noted that early April saw some of the most extreme movements outside of the global financial crisis. He highlighted that Australian Dollar fluctuated within a range of 4 US cents and at one point suffered a 4.5% daily decline against the greenback — an unusually large […] The post RBA’s Kent highlights surge in FX volatility, stresses importance of market standards appeared first on Act…

Australian Dollar loses ground due to rising expectations of RBA’s rate cut in May

The Australian Dollar (AUD) extends loses for the second successive session on Monday. The AUD/USD pair is under pressure as the US Dollar (USD) strengthens amid signs of easing tensions between the US and China.