#RBAratedecision#
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RBA Interest Rate Decision is announced by the Reserve Bank of Australia. If the RBA is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the AUD. Likewise, if the RBA has a dovish view on the Australian economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish.
Australian dollar declines after RBA interest rate decision
The Japanese yen declined against the US dollar even after relatively strong economic data. According to the country's statistics bureau, the unemployment rate remained unchanged at 2.9% in January. This was better than the median estimate of an increase to 3.0%. The jobs to applications ratio incre
RBA Holds Rate, QE Steady
Australia's central bank left its cash rate and asset purchase programme unchanged and indicated that it will not raise the rate until inflation returns to the target range. The policy board of the Reserve Bank of Australia headed by Governor Philip Lowe decided on Tuesday to hold its cash rate at a
RBA: Will not increase the cash rate until actual inflation is sustainably within the 2-3% target range
Following are the key headlines from the March RBA monetary policy statement, via Reuters, as presented by Governor Phillip Lowe. Board does not expect tight labour market, high wages growth until 2024 at the earliest "Significant gains" in employment and a return to a tight labour market is require
Week ahead – NFP to guide yields, RBA could be a yawn, pound turns to UK budget for boost [Video]
As a new month starts, investors will have their eyes locked on the latest nonfarm payrolls numbers out of the United States amid an accelerating selloff in bond markets. The Reserve Bank of Australia’s policy meeting will be the only central bank gathering of the week but is unlikely to provide muc
