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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 |
|
|
1.7036 -546 pips |
1.7786 -204 pips |
1.75815 | |
| AUDCAD |
|
|
0.8813 -81 pips |
0.8931 -37 pips |
0.88945 | |
| AUDJPY |
|
|
90.6610 -218 pips |
95.2537 -241 pips |
92.845 | |
| AUDNZD |
|
|
1.0789 -2 pips |
1.0853 -62 pips |
1.07909 | |
| AUDUSD |
|
|
0.6333 -98 pips |
0.6520 -89 pips |
0.64315 | |
| AUDCHF |
|
|
0.5326 -1 pips |
0.5633 -306 pips |
0.53267 | |
| GBPAUD |
|
|
2.0300 -655 pips |
2.1063 -108 pips |
2.09551 | |
| AUDSGD |
|
|
0.9623 +1330 pips |
0.8813 -520 pips |
0.82934 | |
| XAUAUD |
|
|
5004.1093 -12413 pips |
5160.0441 -3180 pips |
5,128.24 | |
| XAGAUD |
|
|
43.6340 -809 pips |
0 +5172 pips |
51.721 |
News (AUD)
Australia Manufacturing PMI Steady At 51.7 In May - S&P Global
The manufacturing sector in Australia continued to expand in May, and at a steady pace, the latest survey from S&P Global revealed on Thursday with a manufacturing PMI score of 51.7.
RTTNews | 6 days ago
Australia Cuts Key Interest Rate For Second Time This Year
Australia's central bank lowered its benchmark rate by a quarter-point for the second time this year as risks to inflation became more balanced, while uncertainties regarding economic outlook increased due to trade protectionism measures. The policy board of the Reserve Bank of Australia, governed by Michele Bullock, decided to cut the cash rate target to 3.85 percent from 4.10 percent.
RTTNews | 7 days ago
Australia NAB Business Confidence Rises, Conditions Fall
Australia business confidence improved in April, while conditions deteriorated due to weaker profitability, survey results from NAB showed on Tuesday. The business confidence index rose to -1 in April from -3 in March but remained negative. Confidence by industry was mixed, with a significant increase in confidence in manufacturing and smaller increases in wholesale, construction, and finance.
RTTNews | 14 days ago
