Forex: Aussie Rate Decision On Tap

The expectations are for an increase in rates from 3.50% to 3.75%.

Topics:  rate   
BING NEWS:
  • AUD/JPY appreciates due to positive sentiment as Fed Powell dismisses further rate hike
    The AUD/JPY traded around 102.00 on Thursday, remaining below the lower boundary of a rising wedge pattern on the daily chart. Traders may await clear direction from the 14-day Relative Strength Index ...
    05/1/2024 - 8:57 pm | View Link
  • Aussie shares rise as US Fed says rate hikes unlikely
    The ASX200 was up 0.6 per cent at midday after Federal Reserve chairman said another US rate hike was unlikely despite higher-than-expected inflation.
    05/1/2024 - 7:52 pm | View Link
  • Australian Dollar gains ground ahead of Fed interest rate decision
    The Australian Dollar gains ground due to improved risk appetite ahead of the Fed decision. The Australian Industry Index indicated prevailing contractionary conditions in private business activity.
    04/30/2024 - 8:17 pm | View Link
  • FOREX-Yen clings to gains after suspected intervention, eyes on Fed
    It's also expected to strike a hawkish message, meaning more yen selling is likely, said Carol Kong, a currency strategist at the Commonwealth Bank of Australia. "The implication is the MOF will ...
    04/29/2024 - 5:41 pm | View Link
  • US Dollar Tanks Ahead of Fed Verdict, NFP Data
    Request your free trading guide now! At its previous meeting, the Fed hinted that the probable course ahead entailed delivering 75 basis points of easing in 2024, followed by three quarter-point rate ...
    04/28/2024 - 11:30 pm | View Link
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