Newsig · Forex News
Sticky core inflation pushes RBA towards its highest cash rate since 2011
With 33 of 34 economists expecting a hike, Tuesday's move is close to fully priced. The Australian dollar is therefore more likely to react to the RBA's statement and Governor Bullock's press conference than to the decision itself. If the bank signals it is open to hiking again, AUD could get a boos
Why it matters
AUD/USD (Australian Dollar / US Dollar) · Why linked: The RBA rate decision and accompanying statement are the direct catalysts for the Australian dollar. Market context: A hawkish hike with a hawkish statement could push AUD/USD higher, while a dovish tone risks a pullback.
Reaction tracking
A completed 24-hour reaction record is not available for this story yet. Newsig only publishes measured price movement when the required market data is present.
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