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.
Stay updated with the latest forex, metals, and indices market news.
The Australian dollar firmed broadly after the RBA Cash Rate decision, with AUDNZD leading modest, one-directional gains across the majors.
The Graph's GRT jumped 22.99% to lead the New York close, while gold, silver and palladium slipped and US equities drifted lower.
GRT surged 23% to lead the tape as London closed, while gold, silver and palladium slid and European equities firmed into the New York handover.
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.
Litecoin surged 16% to lead a broad crypto rally into the London close, while crude climbed over 2% and European equities edged higher.
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.
Litecoin jumps 16.24% at the open, leading a broad rally in smaller tokens while Bitcoin holds near $84,400 and the dollar firms against the majors.