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Eamonn Sheridan

RBNZ monetary policy decision due today, Wednesday, 5 October 2022 – preview

The Reserve Bank of New Zealand Monetary Policy Review announcement — including the official cash rate (OCR), is due at 0100 GMT. There is just the decision and statement today, there is no...

Reports that the US is lobbying OPEC+ nations not to cut oil output (… well, d’uh)

Reuters citing a 'source familiar with the matter' says that the US is pushing OPEC+ nations not to proceed with an oil output cut. Arguing that economic fundamentals do not support a cut.---It...

ForexLive Asia-Pacific FX news wrap: RBA surprises, smaller than expected 25bp rate hike

The Reserve Bank of Australia increased its cash rate by 25bp at its monetary policy board meeting today, vs. the +50bp rate hike that was widely (though not unanimously) expected. In his accompanying statement Governor Lowe said...

AUD/USD has dropped on the smaller than was expected 25bp RBA rate hike

The consensus was for a 50bp rate hike from the Reserve Bank of Australia at its October monetary policy board meeting. But, nope, the Bank has gone with +25bp. Reserve Bank of Australia...

RBA raises its cash rate by 25bp

Reserve Bank of Australia monetary policy decision for October 2022, a 25bp rate hike, taking the cash rate to 2.60%A 50bp rate hike...

RBA policy announcement due at the bottom of the hour – previews

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable...

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