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 |
|
|
1.6383 -293 pips |
1.6611 +65 pips |
1.66762 | |
| AUDCAD |
|
|
0.8985 -2 pips |
0.9042 -55 pips |
0.89871 | |
| AUDJPY |
|
|
94.0363 -375 pips |
100.0983 -231 pips |
97.784 | |
| AUDNZD |
|
|
1.0963 -93 pips |
1.1064 -8 pips |
1.10558 | |
| AUDUSD |
|
|
0.6301 +46 pips |
0.6499 -244 pips |
0.62550 | |
| AUDCHF |
|
|
0.5650 +64 pips |
0.5800 -214 pips |
0.55857 | |
| GBPAUD |
|
|
1.9618 -485 pips |
2.0096 +7 pips |
2.01025 | |
| AUDSGD |
|
|
0.9686 +1210 pips |
0.8715 -239 pips |
0.84755 | |
| XAUAUD |
|
|
4165.5477 -2743 pips |
4206.5880 -1361 pips |
4,192.98 | |
| XAGAUD |
|
|
43.6340 -357 pips |
0 +4720 pips |
47.204 |
News (AUD)
Australia Budget To Slip Into Deficit In 2024-25
Australia's budget is forecast to slip into deficit in 2024-25 after recording back-to-back surpluses for the first time in almost two decades, Treasurer Jim Chalmers said Wednesday. In the latest Mid-Year Economic and Fiscal Outlook, the government projected a deficit of A$26.9 billion for 2024-25. However, this was A$1.3 billion smaller than projected in the budget.
RTTNews | 3 days ago
Australia Manufacturing PMI Slips To 48.2 In December - Judo Bank
The manufacturing sector in Australia continued to contract in December, and at a faster pace, the latest survey from Judo Bank revealed on Monday with a manufacturing PMI score of 48.2.
RTTNews | 6 days ago
Australia Jobless Rate Falls To 3.9% In November
The unemployment rate in Australia came in at a seasonally adjusted 3.9 percent in November, the Australian Bureau of Statistics said on Thursday.
RTTNews | 10 days ago
