Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
RBA keeps OCR on hold at 4.35%- AUD/USD and AUD/JPY edge higher on the news
The Reserve Bank of Australia (RBA) have just decided to leave their OCR (official Cash Rate) unchanged at 4.35%. This outcome was broadly expected, but had been put into some doubt following the severe market events of the past couple of days. The RBA have elevated their forecasts for GDP and inflation and that coupled with the unchanged OCR has helped to lift the AUD/USD to a little further above the 0.6500 handle. The AUD/JPY has lifted slightly on this news, but it was on the rebound after getting smashed back yesterday. The hawkish tone from the RBA just now has helped to cement that rebound a bit more
Market News
All News-
BOE boss continues to add caution over UK inflation- EUR/GBP on course for a negative daily close
Following the Bank of England decision to leave interest rates unchanged at 4.5%, the BOE governor, Andrew Bailey has been speaking this afternoon... -
S+P 500 back above 5,700 this afternoon
At one point earlier today when the S+P 500 futures were pricing an opening close to 5,625, it seemed unlikely they might push back above 5,700 this... -
US stocks kick off in the red but opening losses pared- check out the Nasdaq 100 now
The US stock markets have not long ago opened for live trading and it has been an across the board lower start to the new trading session. The dollar...
