RBA Hold Rates, Yet Could ‘Ease’ Their Way Into 2020

In the final meeting of the year, RBA decided to keep rates on hold 0.75%, whilst keeping the door open for further cuts.

RBA Holds, Yet Aussie Upside Remains Clouded By Resistance | AUD/USD, AUD/JPY, EUR/AUD

A fresh low on RBA's cash rate saw the Aussie tumble.

RBA Cut Rates To A Fresh Record Low

With futures markets implying an 80% chance of a cut, and around 70% of economists also on board, then it was always going to take more than a simple cut to sink AUD today with any vengeance. Yet… Read More

AU Unemployment Rises, RBA To Ease Again In October?

  Headline employment data disappointed, increasing the probability of another RBA cut in their October meeting. Unemployment rose to 5.3% (highest rate since August 2016) +34.7 jobs were added, yet the headline figure was propped up by part-time… Read More

RBA Minutes Confirm They’re ‘More Likely’ To Ease Further | AUD/JPY, AUD/NZD, GBP/AUD

The RBA’s minutes revealed what many had expected, by stating it’s ‘more than likely’ they’ll have to ease further in the period ahead. Summary From RBA Minutes on Monetary Policy Members judged that a decline in interest rates was unlikely… Read More