Signal Forex Australian Dollar Volatility RBA Hold by FxPremiere Group Live Fx Signals services SMS and Email Delivery. SMS and Email Signals are sent around 3 pm Switzerland Time-frame globally.
Signal Forex Australian Dollar Volatility RBA Hold
Live Forex Signals sent daily by FxPremiere Group. Live SMS Signals Services worldwide. Todays Live Forex News posts are focusing on AUD/USD and the RBA’s monetary policy.
Talking Points today by FXPremiere Group:
- AUD/USD dropped quarter of a percent following RBA decision.
- The RBA noted that the Aussie dollar economy grew 2.4 percent over 2016.
- The monetary policy statement changed from the RBA’s February meetings.
The Aussie Dollar dropped following the Reserve Bank of Australia’s decision to leave the cash rate unchanged at 1.50 percent.
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The RBA has kept the key interest rate lowered to this level in August 2016 from 1.73 percent. Probabilities of an Interest rate hike (a shift from anticipation of further easing through as recently as 2016) increased roughly 2 percent points from 9 to 11 percent by September. 11 to 13 percent as of December of 2017.
Following the picture for previous meetings, the RBA noted the strength of the Chinese economy during the second half of 2016.
The RBA’s monetary policy statement today was little changed from their February meeting, where they also left the cash rate unchanged.
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