rba

GBPUSD recovers as BOE pressured to act The pound consolidates gains as traders await the Bank of England meeting. Its outperformance reflects the pressure to tighten amid soaring prices. CPI shot up to 3.1% in September with no…
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Australian covid cases might have finally reached a peak. Particularly with the 7-day moving average of cases finally trending downwards for the first time since the "third wave" started. This could mean that there is a chance of…
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We can expect an important reaction in the Aussie dollar and the ASX no matter what happens at tomorrow's RBA meeting. That said, economists and analysts are pretty divided on their expectations for what the Reserve Bank will do. Without…
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AUDUSD builds support The Australian dollar jumped after the RBA kept its tapering course despite dovish guidance. The Aussie is making an attempt to reverse the gears. The RSI divergence was an indication that the bearish momentum…
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At their last meeting, the RBA declined to extend the yield curve control provision. For practical purposes, this amounted to a tightening of policy, because it allowed interest rates to go higher for longer-term bonds. The market…
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The AUDUSD pair has ended up pretty much where it was after the last meeting of the RBA. But a lot has happened in the meantime. The pair shot higher at the start of the month after reports that China was fed up with the constant rise in…
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Once again, the RBA is expected to stay put with its policy. All analysts agree that there won't be a change in the rate or asset purchase program. This means that all attention is on the monetary policy statement and the press conference.…
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