Post Tagged with: "RBA"
Don’t Rule Out an Australian Rate Hike
Australia’s central bank faces a tough dilemma as it needs to tackle rising inflation on the background of a soaring currency. Here’s a preview for the Australian rate decision. The Reserve Bank of Australia will release the new interest rate on Tuesday, May 3rd, at 4:30 GMT. There is a wide market consensus that Glenn
AUD/USD – Shy of Parity
AUD/USD got closer to parity after the relatively hawkish rate decision, but made its way back to the previous range. Is it gathering strength for a move upwards? Here’s a quick update on technicals, fundamentals and community trends
AUD/USD Dec. 6 – Falling to Support
AUD/USD is taking a breather after Friday’s ride, and before the rate decision is made. Will the decision weaken the Aussie? Here’s a quick update on technicals, fundamentals and community trends
AUD/USD Parity Reached On Surprise Aussie Hike
AUD/USD jumped on the relatively surprising decision to raise the interest rates in Australia. Early expectations stood on a another freeze of the rates at 4.50%, but Glenn Stevens decided not wait for inflation to be too high. The Australian dollar is now aiming at uncharted area
AUD/USD Parity Getting Closer Again
AUD/USD made a move upwards and is less than 50 pips from parity once again. The Australian dollar enjoyed rising prices and high confidence from the central bank, and is likely to pause before any move higher. Update
[Video] No One Left to Short, British Dilemma, NFP and More
In the weekly interview on Forex TV, I spoke with Julie Sinha about the possible turning point for the US dollar, the dillema that British policymakers face in the interesting rate decision, the busy week in Australia, and the Non-Farm Payrolls of course. Enjoy
AUD/USD Outlook – July 19-23
Four events await Aussie traders in the upcoming week. Here’s an outlook for these events and an updated technical analysis for AUD/USD. AUD/USD daily chart with support and resistance lines marked. Click to enlarge: Australia’s home loans finally rose. This positive figure joined the employment figures we’ve seen beforehand and boosted the Aussie
Australian Employment Boosts AUD/USD
The Australian unemployment rate unexpectedly dropped. Together with less fear from Europe, the Aussie is making a nice recovery after taking a hit by the Non-Farm Payrolls. Update on jobs and on AUD/USD technicals
Australian Jobs Aren’t Enough Against the Greenback Strength
Australian job figure were inline with expectations. This was enough for the Aussie against the Euro, but not against the greenback. Update on the Aussie. Background: earlier this week, the Australian central bank, RBA, raised the rates to 4.25%, far higher than the rest of the world. Some analysts anticipated this move, but there was
AUD/USD Advances on Fifth Rate Hike
There were many doubts about this move. When it did happen, the Australian dollar reacted with a leap. The Aussie is now better positioned towards the next big release this week and could go over the top. Update on this strong currency. After last week’s disappointing Australian figures, there were doubts about this move. It