AUD/USD bulls pierce 0.6300 as RBA Minutes, Bullock sound hawkish – by anilpanchal7 AUDUSD RiskAppetite RBA Fed Currencies
RBA Minutes cited domestic/global uncertainty to justify 0.25% rate hike, Deputy Governor Bullock defends central bank hawks.Risk catalysts will be more important for fresh directions amid a lack of major data/events.
policymakers and minutes favored the bulls during early Tuesday. Also keeping the pair buyers hopeful is the firmer sentiment.Meeting of the Reserve Bank of Australia , “Board weighed a range of arguments for hiking by 50 basis points, as it had for four months straight, but decided to lift the cash rate by 25 basis points to 2.6%.”
It should be noted that China’s zero-covid policy, delaying of the key data/events and determination to defend the might of taking control in Hong Kong and Taiwan also challenge the AUD/USD buyers, due to the pair’s risk barometer status and ties with Beijing.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
AUD/USD sees an establishment above 0.6300 on cheerful market mood, RBA minutes eyedThe AUD/USD pair has concluded its time corrective move after dropping to near 0.6280 in the early Tokyo session. The asset is aiming to sustain above
Read more »
AUD/USD rebounds from 0.6200 as risk appetite improves, RBA minutes eyedThe AUD/USD pair has bounced marginally after building a base around the critical support of 0.6200 in the early Tokyo session. The asset has picked b
Read more »
AUD/USD Price Analysis: Bulls making good headway start of weekAs per the prior analysis at the start of the Asian session, AUD/USD Price Analysis: Pre-open points to bullish correction, eyes on the 61.8% golden r
Read more »
Breaking: USD/JPY pops 149.00, highest since June 1990sUSD/JPY has pierced the 149.00 level as per the following 5-month chart: The bull eye the prospects of running up to the psychological level of 150 wh
Read more »
AUD/NZD renews five-week low around 1.1100 on strong New Zealand Inflation, RBA Minutes eyedAUD/NZD renews five-week low around 1.1100 on strong New Zealand Inflation, RBA Minutes eyed – by anilpanchal7 AUDNZD Inflation RBA RBNZ RiskAppetite
Read more »
AUD/NZD climbs to near 1.1170 after a strong demand ahead of RBA minutesThe AUD/NZD pair has driven to near 1.1170 in the early Tokyo session after picking fresh demand from around 1.1134. On a broader note, the cross has
Read more »