Aussie slips after RBA cash rate decision and statement
The Australian dollar eased across the board after the RBA's cash rate decision landed at 04:30 UTC, with AUDUSD leading the softer move.
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The Australian dollar eased across the board after the RBA's cash rate decision landed at 04:30 UTC, with AUDUSD leading the softer move.
Brent and WTI led the tape with gains above 2%, precious metals kept their weekly run, and US equities drifted lower into the close.
Brent hit $83.14 and WTI $78.02 as oil led the session, silver held a 9% weekly gain, and European indices closed mixed. The London wrap.
The RBA's Cash Rate decision lands at 04:30 UTC on 11 August, with forecast matching the previous 4.35%. Here's what it measures and how AUD pairs trade.
Brent and WTI both climb over 2% to start the session, Solana leads crypto, and silver holds a 9% weekly gain. Here's where the majors stand.
The RBA headlines the next 24 hours with a cash rate decision, policy statement and press conference β all high-impact events for the Australian dollar.
The week ahead brings the RBA cash rate decision, US CPI, UK GDP and US PPI β a rundown of forecasts, previous prints and the markets each moves.
US session close: oil bounced almost 5% and Cardano jumped 6.4%, while the Dow slid 1.1% and gold eased below $4,240. A full look at the day's moves.
Brent and WTI rebounded nearly 5% while Cardano jumped 6.4%. The dollar firmed against the euro and yen as Wall Street opened softer.
US Non-Farm Payrolls, wages and unemployment landed at 12:30 UTC. Cardano led crypto lower on ForexBullion's feed, with XLM, AXS and XRP also softer.
The Canadian dollar eased against most peers in the hour after Canada's August 7 employment and unemployment release, with CADJPY leading the softer moves.
Canada's Employment Change lands 07 Aug at 12:30 UTC, forecast 17.8K vs 18.2K prior. Here's what the jobs data measures and how CAD pairs are trading now.