AUD Cash Rate
Short term interest rates are the paramount factor in currency valuation - traders look at most other indicators merely to predict how rates will change in the future;
The rate decision is usually priced into the market, so it tends to be overshadowed by the RBA Rate Statement, which is focused on the future;
- AUD Cash Rate Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
---|---|---|---|
Jun 18, 2024 | 4.35% | 4.35% | 4.35% |
May 7, 2024 | 4.35% | 4.35% | 4.35% |
Mar 18, 2024 | 4.35% | 4.35% | 4.35% |
Feb 5, 2024 | 4.35% | 4.35% | 4.35% |
Dec 4, 2023 | 4.35% | 4.35% | 4.35% |
Nov 6, 2023 | 4.35% | 4.35% | 4.10% |
Oct 2, 2023 | 4.10% | 4.10% | 4.10% |
Sep 5, 2023 | 4.10% | 4.10% | 4.10% |
-
- AUD Cash Rate News
- From fxempire.com|4 hr ago
Will retail sales figures raise investor expectations of an RBA rate hike after the 4% Monthly CPI Indicator? Retail Sales Signal Resilient Aussie Economy and an RBA Rate Hike On Wednesday, July 3, Australian retail sales will put the RBA and the AUD/USD in the spotlight. Economists forecast retail sales to increase by 0.3% in June after a 0.1% rise in May. Hotter-than-expected numbers could raise investor bets on a 2024 RBA rate hike. Upward trends in retail sales reflect an improving consumer confidence and higher disposable income ...
- From abc.net.au|Jun 20, 2024
After 13 interest rate hikes that sent home loan repayments soaring, we still have an inflation problem. Actually, make that 17. The Reserve Bank may have lifted rates on 13 separate occasions but a few of those were double-whammy hikes at twice the normal 0.25 percentage point increases. In any other universe, that should have sent the economy into a tailspin, put vast numbers of workers on the dole, crashed the property market and batted price rises back into zombie territory. True, the economy is only barely managing to stay ...
- From forextime.com|Jun 18, 2024
It’s yet another week filled with G10 central bank policy decisions. As highlighted in our Week Ahead article (published on Fridays), we highlighted the upcoming decisions by the Bank of England (BOE) as well as the Swiss National Bank (SNB). This week also features policy decisions by the central banks of China, Chile, Brazil, Indonesia, and Norway. This article focuses on the Reserve Bank of Australia (RBA), and how its just-concluded meeting could impact the Australian dollar (AUD). What did the RBA say? The Reserve Bank of ...
- From rba.gov.au|Jun 18, 2024|1 comment
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent. Inflation remains above target and is proving persistent. Inflation has fallen substantially since its peak in 2022, as higher interest rates have been working to bring aggregate demand and supply closer towards balance. But the pace of decline has slowed in the most recent data, with inflation still some way above the midpoint of the 2–3 per cent ...
- From bnnbloomberg.ca|Jun 18, 2024
Asian stocks rose, following a rally in several large US tech shares that drove Wall Street to another record high. All major Asia benchmarks climbed, led by Japan, Australia and South Korea. The S&P 500 has now set 30 all-time highs this year, defying concern about narrow breadth that may make the market more vulnerable to surprises. Asia chip stocks were among the bigggest contributors to gains in the MSCI Asia Pacific index. Shares of Tesla China suppliers advanced after news the electric-car maker had gained approval to test its ...
- From channelnewsasia.com|Jun 17, 2024
The dollar drifted lower on Tuesday, extending the previous day's losses against the euro and sterling, as market jitters over the risks of a far-right French government receded. The U.S. currency failed to get a lift from a rise in Treasury yields overnight, with investors awaiting a key retail sales report and comments from Federal Reserve officials to better gauge the timing and pace of interest rate cuts. The Australian dollar hovered close to the middle of its trading range over the past month with the Reserve Bank of Australia ...
- From cityindex.com|Jun 17, 2024
The Australian dollar rose against all FX majors except the Swiss Franc and New Zealand dollar. Although it handed back much of the gains earned earlier in the week and is lower against most currencies for the month of June. Ultimately, price on AUD/USD remained choppy last week and trapped between 0.6575 and 0.6700. It is not the busiest of calendars for AUD/USD traders next week. And whilst the RBA cash rate ‘decision’ is the standout domestic event, I doubt it will be much of an event. The 4.35% cash rate seems very likely to stay ...
- From livewiremarkets.com|Jun 17, 2024
The vast majority of economists aren’t expecting any surprises at tomorrow's June Reserve Bank of Australia (RBA) meeting. The RBA is expected to keep its official cash rate (OCR) on hold at 4.35%. However, the language of their statement and of RBA governor Michelle Bullock in her post-meeting press conference will be far more interesting for both markets and mortgage holders. Most economists expect the RBA to maintain its default rhetoric of “vigilance against inflation risks”. But it’s their new cryptic (and my personal confuse ...
Upcoming release on Aug 6, 2024 |
---|
Released on Jun 18, 2024 |
---|
- Details