Tag: rate

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...

EUR/USD Rate Rebound Struggles Ahead of Former Support Zone

EUR/USD Rate Talking PointsEUR/USD trades near last week’s high (0.9854) on the back of US Dollar weakness, but the recent rebound in the exchange rate appears to be stalling ahead of the former...

AUD/USD Rate Vulnerable to Dovish RBA Rate Hike

Australian Dollar Talking PointsAUD/USD manages to hold above the yearly low (0.6363) following the kneejerk reaction to the US Personal Consumption Expenditure (PCE) Price Index, but the Reserve Bank of Australia (RBA) interest...

More from Fed’s Williams: Fed still has more rate hikes ahead, citing 4.6% median 2023 dot

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

FX Week Ahead – Top 5 Events: RBA Rate Decision; RBNZ Rate Decision; US ISM Services; Canada Jobs Report; US NFP

FX Week Ahead Overview:The first week of October puts attention on central banks, with the Reserve Bank of Australia and Reserve Bank of New Zealand rate decisions on tap.With no Federal Reserve meeting...

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