Australian Dollar strengthens as US-China trade truce continues, RBA decision anticipated.
The Australian dollar is in focus as the Reserve Bank of Australia is set to announce its policy decision on Tuesday. The Trump administration has decided to delay the implementation of tariffs on China by another 90 days. Forecasts suggest the US consumer price index will rise by 2.8% in July. On Tuesday, the Australian […]
Australian Dollar shows minimal changes as traders stay cautious before the RBA decision.
Market Update: Australian Dollar Challenges Ahead The Australian dollar may encounter difficulties as the Reserve Bank of Australia (RBA) is expected to announce a 25 basis point rate cut this Tuesday. China’s consumer price index remained at 0% year-on-year in July, contrasting with market expectations of -0.1%. With recent US economic data showing signs of […]
Australian Dollar drops as expectations for an RBA rate cut increase
The Australian dollar is set to decline as a 25 basis point rate cut by the RBA is widely anticipated next week. Expectations for the RBA rate cut have increased as core inflation has decreased, coinciding with ongoing economic activity in June. Trump has appointed Stephen Milan to take over from Stephen Milan on a […]
Australian Dollar retains losses after RBA Meeting Minutes
The Australian dollar stays steady post-RBA meeting minutes The Australian dollar remains steady after the Reserve Bank of Australia’s (RBA) meeting minutes were released on Tuesday. Most RBA members thought it wise to wait for clear signs of slowing inflation before making any moves. The market is increasingly focused on growing uncertainties regarding tariffs and […]
AUD/USD increases as EU-US tensions impact the US Dollar, RBA Minutes approaching
The RBA is in the spotlight, pushing the AUD/USD slightly higher. EU-US trade tensions are weighing on the USD, as pressure mounts on the Fed. Technical analysis for AUD/USD: Moving beyond the key moving average in a rising wedge. The Australian Dollar (AUD) gained ground against the US Dollar (USD) on Monday, driven by escalating […]
RBA calls for a ban on surcharges for debit and credit card payments
Proposed Changes to Credit Card Fees Highlights Potential Savings Protection Banks argue that eliminating extra credit card charges could save consumers approximately $1.2 billion annually. Starting in July 2026, additional fees for debit and credit card payments via EFTPOS, MasterCard, and Visa will be removed. Additionally, the new RBA proposal suggests that businesses utilizing card […]
Australian Dollar continues to rise following RBA Bullock’s alert about inflation dangers
Australian currency faces challenges as RBA’s Bullock cautions about persistent inflation risks. China’s consumer price index saw a modest increase of 0.1% year-on-year, while it dipped by 0.1% month-on-month in June. President Trump is likely to announce significant tariffs, including a potential 50% tariff on imported copper and a staggering 200% on pharmaceutical imports. The […]
Australian Dollar stays low after RBA Meeting Minutes and China’s Manufacturing PMI
The Australian dollar saw a decline following the release of the RBA minutes from the May Monetary Policy Conference. China’s Caixin Manufacturing PMI dropped to 48.3 in May compared to 50.4 in April, indicating contraction. Despite worries surrounding the economy, the US dollar recovered some of its previous losses. The Australian Dollar (AUD) faced pressure […]
RBA Minutes: It is not the right moment to adjust monetary policy to an expansionary approach
RBA May Meeting Minutes Highlights The Reserve Bank of Australia (RBA) shared the minutes from its May monetary policy meeting, noting its decision to implement a 25 basis point (BPS) interest rate cut. Key Points from the Meeting The board weighed the options of cutting rates by either 25 or 50 bps, or even leaving […]
You might expect that after almost three years of being incorrect, the RBA would begin to doubt its economic approach. But it hasn’t.
RBA’s Shift on Interest Rates and Employment The decision by the Reserve Bank to cut interest rates on Tuesday came as a surprise to many. It seems like there might be more cuts coming, but the RBA still appears focused on the idea that more job losses are necessary to keep inflation in check. Perhaps […]