Tag Archives: RBA
RBA Holds Rates, Aussie Dollar Up
The RBA board previously met 11 times a year, except January, to decide on interest rates. From this year, they will meet eight times only. During its first monetary policy meeting of 2024, the Reserve Bank of Australia elected to leave official cash rates unchanged at 4.35 percent, a widely anticipated decision given cooling inflationary […]
Focus on AUD/USD Today – 5th January 2024
Comprehensive AUD/USD Analysis for January 5, 2024 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the AUD/USD for 5th January 2024. AUD/USD Key Takeaways AUD/USD Technical Analysis AUD/USD Daily Chart Insights AUD/USD 1-hour Chart Analysis Trading Central Pivot Indicator Conclusion
RBA Contemplates Rate Hike Amidst Strong Job Data Surge
Australia Unemployment Rate Hit New Lows in the last three months As of September, the nation boasts a strikingly low unemployment rate of 3.6%, surpassing market expectations and marking a significant improvement from August’s 3.7% figure. The ripple effect of this achievement is evident as 19.8 thousand people found employment, reducing the total number of […]
