AUDNZD leads modest Aussie gains after RBA statement
The Australian dollar firmed broadly after the RBA Cash Rate decision, with AUDNZD leading modest, one-directional gains across the majors.
The Australian dollar firmed broadly after the RBA Cash Rate decision, with AUDNZD leading modest, one-directional gains across the majors.
The RBA Cash Rate decision is due 04:30 UTC on Sept 29, with a 4.60% forecast versus 4.35% prior. See how AUDCHF, AUDCAD and AUDJPY are trading.
GRTUSD jumps 22.99% to lead a quiet morning as FX majors barely move, gold and silver slip, and Wall Street opens softer to start the day.
The RBA rate decision headlines the next 24 hours, with a cash rate forecast of 4.60% vs 4.35% at 04:30 UTC, plus an ECB Lagarde speech at 13:30 UTC.
Crude led the losses as Brent and WTI slid, while the Nikkei, Wall Street and the Japanese yen firmed and precious metals bounced.
The RBA decision Tuesday, Australian and US inflation Wednesday, and Friday's US payrolls β forecast 98K vs 162K β headline a busy week for AUD and USD.
Sterling edged higher after BOE Governor Bailey spoke on 25 September, with GBPSEK the clearest mover and the pound little changed against the dollar.
BOE Governor Bailey speaks at 09:15 UTC with no data attached. Sterling trades softer into the remarks, led by GBPSEK and GBPNOK declines.
The franc firmed across most crosses after the SNB press conference on 24 September, with CHFJPY leading while USDCHF held nearly flat.
Canada's Core Retail Sales lands at 12:30 UTC with a -0.5% forecast after a 0.5% prior, as the Canadian dollar trades firmer across most CAD crosses.
The Swiss franc eased across all six pairs on our feed after the SNB Monetary Policy Assessment on 24 September, with CHFJPY leading the slip lower.
Oil jumps 3-4% while crypto sells off hard β Polkadot -10%, Uniswap -9.7%, Bitcoin near $84,400 β and the dollar firms against euro, pound and Aussie.