Something extremely subtle shifted in the weeks after its October decision causing the Reserve Bank of Australia to change its mind from a steady policy setting. On Tuesday the central bank added a further notch to its belt by lifting interest rates by one quarter of one percent to 4.75%. Read More Australia Opens the [...]
Posted in FX News | Tagged again, australia, door, monetary, opens, policy, the |
The front end of the Australian yield curve took a bashing after a surprise decision by the central bank to tighten its monetary stance for the first time in six months. Short-dated bill prices crashed by 12 basis points as dealers rushed to lock-in borrowing costs. Longer dated government bonds Read More Focus on Australia [...]
Posted in FX News | Tagged after, another, australia, focus, interest, on, rate, rise |
There seem a handful of things in play today that are influencing rather mixed price action. Here’s a quick update on how things are going so far today. Aussie powered to a new high on a rate hike by the Reserve Bank of Australia the consensus was not expecting. The Read More Currency Currents Action
Posted in FX News | Tagged action, currency, currents |
The biggest surprise recently out of the RBA was the mention of the currency’s strength as a potential factor in the future course of RBA policy-making. Considering this key development, the fact that AUDUSD was trading close to parity, and the enormous speculation surrounding the FOMC meeting this week, and Read More Wily RBA Hikes [...]
Posted in FX News | Tagged again, hikes, rba, wily |
The Australian Dollar hit a fresh record high against the US Dollar – the highest level since it was floated. The pair tested the area above parity at 1.0025 in NY trading, after we had the RBA surprise markets by raising interest rates during the overnight session. Read More RBA Hikes Rates to 475 persen, [...]
Posted in FX News | Tagged 475, audusd, hikes, hits, postfloat, rates, rba, record, to |
“You know,” David began as he sat down, “these last two months have been much easier for me with the wedding planning. I keep thinking about this change I’m about to make and it affects everything. Like, my mom had picked out some flower arrangements that Janet didn’t like so I had a talk with [...]
Posted in FX News | Tagged 2, ceremonies, hidden, of, part, purposes, the, vows, wedding |
