Australian Dollar Gains on RBA Minutes

Andamento del mercato - 17/05/2016

The Australian dollar, which has been in a steady decline since late April got a reprieve today as the RBA meeting minutes from early May showed details behind the decision to cut rates by 25bps and lowering Australian interest rates to 1.75% - a historic low by RBA standards. The Aussie dollar was the third top performing currency in the first quarter of the year, but the tables turned after first quarter inflation data showed a weakening trend. This eventually led the RBA to cut the interest rates, a decision that saw economists equally divided.


Today's RBA minutes revealed that the decision to lower interest rates for the first time in a year required the "persuasion" of its board members, with some considering a delay on the rate cut. Most members felt that inflation would return to the 2–3.00% target. In a nutshell, today's RBA minutes reveal that further rate cuts are unlikely, which should see the AUD retrace its losses over the course.

popup_close
audusd-170516

Questo sito usa I cookies per garantire all'utente la migliore esperienza possibile. Leggi di più

Accetto

I CFD sono strumenti finanziari complessi e comportano un alto rischio di perdere capitale rapidamente a causa della leva finanziaria.
70.20% dei conti degli investitori al dettaglio di questo broker perdono il capitale quando fanno trading con CFD.
Dovresti valutare se comprendi come funzionano i CFD e se puoi permetterti di correre il rischio elevato di perdere il tuo capitale.

70.20% dei conti CFD al dettaglio perdono capitale. Leggi di più

X