AUD/USD Price Analysis: RBA Pressured Amid Economic Woes
The AUD/USD price analysis shows a weak Aussie amid a declining Australian economy. Data on Thursday revealed that Australia’s economy lost 52,800 jobs in February....
Tag : RBA
Australian Employment Fell in February, Raising RBA Rate Cut Odds
Australia’s labor market took a hit in February, with employment falling by 52,800. That’s worse than the expected 30,000 job gain! This also marked a...
RBA Cautious About Further Easing, Minutes Show
The Reserve Bank of Australia is cautious about lowering the benchmark interest rate further and the decision to cut the rate in February does not...
CBA forecasts three more RBA rate cuts in 2025: May, August and November
I posted earlier: CEO of Australia’s largest bank expects RBA rate cuts not coming until later in the year Market analysts at the bank disagree,...
CEO of Australia's largest bank expects RBA rate cuts not coming until later in the year
Commonwealth Bank of Australia (CBA) CEO Matt Comyn Australia’s easing cycle would be “slower and shallower” than what people had been expecting further rate cuts...
RBA rate cut in February – weight placed on downside risks to economy
Reserve Bank of Australia February meeting minutes Board judged case to cut rates was, on balance, the stronger one Members placed more weight on the...
Australian dollar ends skid, retail sales and RBA minutes next
The Australian dollar has posted strong gains to start the week. AUD/USD is trading at 0.6203 in the North American session, up 0.71% on the...
ForexLive Asia-Pacific FX news wrap: Australian monthly CPI not enough for another RBA cut
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and...
RBA Bullock says did not want to be late to easing
Reserve Bank of Australia Governor Bullock. Wage data came in as expected, labour market still strong. Still have a tight labour market, think it’s a...
RBA Gov Bullock says the Bank aiming for the mid-point of the 2-3% inflation target band
Reserve Bank of Australia Governor Bullock *** Michele Bullock, Governor; Andrew Hauser, Deputy Governor; Sarah Hunter, Assistant Governor (Economic); and Brad Jones, Assistant Governor (Financial...