AUD/USD slides nearly 1% amid risk-off sentiment – BBH
AUD/USD fell almost 1% despite the RBA holding rates at 3.60%, as risk-off sentiment outweighed the central bank’s hawkish pause and neutral policy guidance, BBH FX analysts report.

AUD/USD fell almost 1% despite the RBA holding rates at 3.60%, as risk-off sentiment outweighed the central bank’s hawkish pause and neutral policy guidance, BBH FX analysts report.

RBA holds cash rate at 3.60% unanimously

"AUD/USD is down almost 1% from yesterday’s high. Broad risk off market sentiment outweighs the tailwind to AUD from the RBA’s hawkish hold. As was widely expected, the RBA voted unanimously to leave the policy rate unchanged for a second straight meeting at 3.60%."

"Importantly, the RBA signaled it plans to keep rates on hold for some time. The RBA projects underlying inflation to be above the 2–3% range in coming quarters and does not expect labor market conditions to ease much from here. RBA Governor Michele Bullock also suggested policy is in the right spot highlighting 'we think we are pretty close to neutral…We don’t have a bias'."

FXStreet
Trade The World
More than a million users rely on FXStreet for real-time market data, charting tools, expert insights, and forex news. Its comprehensive economic calendar and educational webinars help traders stay informed and make calculated decisions. FXStreet is supported by a team of about 60 professionals, split between the Barcelona headquarters and various global regions.
Read More

LIVE QUOTES

Name / Symbol
Chart
% Change / Price
GBPUSD
1 D change
+0%
0
EURUSD
1 D change
+0%
0
USDJPY
1 D change
+0%
0

ALL ABOUT FOREX

Explore More Tools
Trading Academy
Browse a wide range of educational articles covering trading strategies, market insights, and financial fundamentals, all in one place.
Learn More
Courses
Explore structured trading courses designed to support your growth at every stage of your trading journey.
Learn More
Webinar
Join live and on-demand webinars to gain real-time market insights and trading strategies from industry experts.
Learn More