Tag: Reserve Bank of Australia
U.S. Dollar Rises Slightly as Markets Await Key Private Sector Data
U.S. Dollar Holds Near Three-Month High Ahead of Key Private Sector Data
The U.S. dollar traded slightly higher on Monday, hovering near a three-month peak...
Australia’s Central Bank Keeps Rates Unchanged, Cautions on Price Pressures
The Reserve Bank of Australia (RBA) kept interest rates unchanged on Tuesday, as expected, while warning that inflation pressures remain persistent despite earlier declines.
The...
Asian currencies hold steady after Powell comments; Aussie rises on CPI...
Asian currencies and the U.S. dollar were mostly steady on Wednesday after Federal Reserve Chair Jerome Powell struck a cautious tone on future rate...
Australia’s inflation hits one-year peak in August as rate cut expectations...
Australian consumer prices rose at their fastest annual pace in a year this August, following a hot July reading. The stronger inflation data reduced...
Asia Stocks Weaken, Optimism in Australia and China Remains Muted
Most Asian stock markets slipped on Wednesday, following overnight losses on Wall Street as investors grew cautious over U.S. trade tariffs. Positive economic readings...
Australia Inflation Rises Above Estimates, Pressuring RBA Easing Bets
Australia’s consumer price index (CPI) inflation rose more than expected in July, reaching a one-year high and raising doubts about further interest rate cuts...
