Reserve Bank of Australia

The Aussie Dollar was given a free pass by the Reserve Bank of Australia Tuesday when its ongoing recovery rally went unremarked upon in the August monetary policy update, with the bank instead taking a less pessimistic view on the economy. 

The Australian Dollar crossed an important technical rubicon on Tuesday as risk assets outperformed and after Reserve Bank of Australia Governor Philip Lowe said gave the Aussie a tacit blessing to keep on rising, which could now see the AUD/USD exchange rate targeting 18-mont highs. 

The Australian Dollar underperformed major rivals including Pound Tuesday after nearly a fifth of the country's population was placed back into 'lockdown' and the Reserve Bank of Australia (RBA) warned of an uncertain path back to the pre-coronavirus economy.

The Pound-to-Australian Dollar rate was edging higher on Tuesday as Sterling benefited from an optimistic mood in London while the antipodean unit continued its correction lower from 2020 highs, aided by acknowledgement of its recent strength from the Reserve Bank of Australia (RBA). 

The Australian Dollar faces a cocktail of risks this Friday that could force the Antipodean unit lower and help the Pound-to-Australian-Dollar rate to build on its recent gains in the final session of the week. 

The Australian Dollar rallied in the aftermath of the RBA meeting today at which interest rates were left unchanged at 1.50% for the 33rd meeting in a row. However, the relief rally has its limits as the prospect of an interest rate cut in 2019 remains elevated.

The Australian Dollar softened Tuesday after the minutes from the latest Reserve Bank of Australia (RBA) meeting showed rate setters contemplating the kind of economic conditions that would compel them to cut interest rates. 

The Australian Dollar was buoyed Wednesday after the Reserve Bank of Australia (RBA) appeared to back away from previous comments that suggested it was shifting to a so-called easing bias, although analysts at J.P. Morgan are still sellers of the Antipodean currency. 

The Australian Dollar was trading on its back foot Tuesday ahead of the release of February retail sales data, which will help markets to answer the question of whether 2018's economic weakness carried forward into the New Year. 

The Australian Dollar collapsed into the Wednesday session after official data showed the economy slowing sharply late last year as consumers came close to going on strike, which could mean a 2019 Reserve Bank of Australia (RBA) rate cut is all but a done deal.

The Australian Dollar is on its back foot and will remain so for a while to come as concerns about domestic interest rate policy are about to be supplemented by fresh China-related losses that could gatecrash 2019's party in the Antipodes on Monday, analysts say.

The Australian Dollar was left badly bruised Wednesday after theReserve Bank of Australia (RBA) dropped its bias to lift interest rates over the coming years, prompting traders to dump the Antipodean currency.

The Australian Dollar ouperformed rivals Tuesday after the Reserve Bank of Australia (RBA) took markets by surprise when it appeared to retain its bias to lift interest rates over the coming years. 

The Australian Dollar took a breather Friday as markets digested fresh forecasts from the Reserve Bank of Australia, but analysts say the Antipodean currency's recovery still has further to run.

The Australian Dollar is escaping the bear trend that has gripped it throughout much of 2018, aided by a weakening U.S. greenback and the optimistic tone of the latest interest rate statement from the Reserve Bank of Australia (RBA).

The Australian Dollar pivoted onto its back foot Tuesday as traders responded to a dovish interest rate statement from the Reserve Bank of Australia (RBA) that may have forced the market to abandon any remaining hope of a change in monetary policy coming at some time in 2019. 

The Australian out-performed rivals during the Asian session on Tuesday, September 04 thanks to a shift in stance to the currency's value at the RBA however a subsequent retreat only serves to confirm to us the negative outlook facing this currency.

The Australian Dollar fell to a one-year low Tuesday after the Reserve Bank of Australia appeared to downgrade its outlook for domestic interest rates and as financial markets responded to the latest escalation in the so called trade war between the US and China. 

The Australian Dollar slipped during the morning session in London Tuesday as traders shunned the currency in light of declining yield-support and after the Reserve Bank of Australia left markets guessing on the question of when an Aussie interest rate rise will eventually come.

The RBA is becoming less intolerant toward a strong AUD and is more satisfied with the domestic and international economic picture, but many strategists still see it remaining on hold throughout 2018.