Australian Dollar remains steady after RBA Minutes – FXStreet
The Australian dollar strengthened on Tuesday as risk appetite improved. Australia’s consumer confidence index fell 0.3% from the previous month in May, marking the third consecutive month of decline. The RBA minutes indicated that future changes to the cash rate would be difficult to determine or even rule out. Rising US bond yields are contributing […]
AUDUSD Technical Analysis – What changed after the RBA? – ForexLive
The dollar weakened as last week’s FOMC decision, in which the Fed decided to signal an expansion of QT taper starting in June, was more dovish than expected, and Fed Chairman Jerome Powell repeatedly rallied against expectations for rate hikes. There has been a general decline recently. Additionally, Friday’s data showed that the Fed may […]
RBA Preview: Interest rates to likely changed, will Bullock drop reference to further tightening? – FXStreet
share: Australia’s interest rate will remain unchanged at 4.35%. Reserve Bank of Australia Governor Michelle Bullock says she has no plans to change her stance. The Australian dollar is poised to widen its decline against the US dollar. The Reserve Bank of Australia (RBA) is widely expected to announce its monetary policy on […]