This week, one of the two central banks scheduled to release their monetary policy surprised markets with a bigger than expected rate hike. In Australia, the Reserve Bank of Australia (RBA) lifted the...
Tag: RBAs
Is it safe to buy the Australian dollar after the RBA’s surprise rate hike?
The Reserve Bank of Australia (RBA) is one of the few major central banks that holds a monthly meeting to evaluate the economy and set the appropriate interest rate. It does so at the start of every m...
RBA’s Decision on Hikes Will Influence the Australian Dollar
The Australian economy is stronger than before, but the Australian Dollar is testing tides against the national resistance level. Fundamentals have held their ground as the Australian Dollar is backed...