Forex
globalreutersAugust 16, 20241 Mins read
RBA Governor Bullock’s comment that its ‘premature’ to think about rate cuts helping AUD
globalreutersAugust 16, 20241 Mins read Bullock spoke earlier saying inflation is still high and persistent and its too early to be thinking about rate cuts:
The RBA left its cash rate unchanged at its meeting on August 5 and 6 and meets again on 23 and 24 September.
AUD has rallied … but then again so has the NZD. EUR, GBP, CAD are all up a little against the USD also. Even the hapless yen!
This article was written by Eamonn Sheridan at www.forexlive.com.
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