Australia RBA Interest Rate Decision
The Reserve Bank of Australia's Board is responsible for making interest rate decisions in Australia. The cash rate, which is the interest rate, is imposed on overnight loans between financial intermediaries, is established in the money market as a result of the interaction of demand for and supply of overnight funds.
A higher than expected figure should be seen as positive (bullish) for the AUD while a lower than expected figure should be seen as negative (bearish) for the AUD.
Forex Sentiment (AUD)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| EURAUD |
|
|
1.6338 -115 pips |
1.6530 -77 pips |
1.64530 | |
| AUDCAD |
|
|
0.9020 -25 pips |
0.9085 -40 pips |
0.90452 | |
| AUDJPY |
|
|
92.9304 -190 pips |
97.0766 -225 pips |
94.827 | |
| AUDNZD |
|
|
1.1013 -59 pips |
1.1110 -38 pips |
1.10721 | |
| AUDUSD |
|
|
0.6305 -53 pips |
0.6512 -154 pips |
0.63584 | |
| AUDCHF |
|
|
0.5685 -19 pips |
0.5908 -204 pips |
0.57039 | |
| GBPAUD |
|
|
1.9513 -352 pips |
1.9902 -37 pips |
1.98651 | |
| AUDSGD |
|
|
0.8874 +378 pips |
0.8870 -374 pips |
0.84962 | |
| XAUAUD |
|
|
4444.4447 -17124 pips |
4622.4089 -673 pips |
4,615.68 | |
| XAGAUD |
|
|
43.6340 -752 pips |
0 +5115 pips |
51.153 |
News (AUD)
Australia Jobless Rate Ticks Up To 4.1% In January
The unemployment rate in Australia came in at a seasonally adjusted 4.1 percent in January, the Australian Bureau of Statistics said on Thursday - in line with expectations and up from 4.0 percent in December.
RTTNews | 3 days ago
Australia Wage Price Index Adds 0.7% In Q4
Australia's wage price index was up 0.7 percent on quarter in the fourth quarter of 2024, the Australian Bureau of Statistics said on Wednesday.
RTTNews | 4 days ago
Australia Cuts Key Interest Rate For First Time Since 2020
The Reserve Bank of Australia lowered its benchmark rate for the first time since 2020 as upside risks to inflation eased but policymakers remained cautious about further easing. The policy board of the RBA governed by Michele Bullock decided to reduce the cash rate target by 25 basis points to 4.10 percent. The decision came in line with expectations.
RTTNews | 4 days ago
