The AUD/USD pair kicks off the week in a positive mood below the mid-0.6300s during the early Asian session on Monday. The softer US Dollar (USD) lend
AUD/USD holds positive ground around 0.6339 in early Monday. US Core PCE eased to 3.7% YoY vs. 3.8% prior, the headline PCE remain unchanged at 3.4%. Markets anticipate the Reserve Bank of Australia to raise the cash rate at its meeting on November 7. The Fed rate decision this week will be a closely watched event. s some support to the pair. However, rising geopolitical tensions in the Middle East might trigger risk-aversion in the market and drag riskier assets like the Australia Dollar lower.
On the other hand, the recent Australian inflation figures were in line with policymakers' expectations and the markets anticipate the Reserve Bank of Australia to raise the cash rate by 25 basis points to 4.35% in its meeting on November 7. RBA Governor Michele Bullock commented last week that CPI was a little higher than expected, but it was about where we thought it would come. Bullock further stated that the central bank aims to slow the economy without tipping it into recession.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Australian Dollar Forecast: The RBA is Ready to Rock but AUD May Still StruggleThe Australian Dollar remains hostage to the US Dollar as global macro factors outweigh the prospect of the RBA looking to stamp out pesky inflation. AUD/USD and AUD/JPY are in focus.
Baca lebih lajut »
How Did This Australian Supercars Driver Avoid Crashing?Scott Pye came flying out of a fast chicane on a narrow street circuit to discover a car spinning around from a stop. Somehow, he avoided both the car and most of the wall.
Baca lebih lajut »
12 Fascinating Bluey Details That Make The Show Even BetterBluey has taken the world by storm, and these 12 fascinating details only serve to make the beloved Australian animated show even better.
Baca lebih lajut »
Shayda (2023) | ScreenRantShayda is a drama film by writer-director Noora Niasari. An Iranian mother on the run from her husband finds a respite from her chaotic life for her and her daughter in an Australian women's shelter. However, their freedom is threatened when her husband tracks them down.
Baca lebih lajut »
Jasper Stubbs wins Asia-Pacific Amateur Championship in a playoffAustralian Jasper Stubbs won at the second playoff hole to claim the Asia-Pacific Amateur Championship. The win earns Stubbs an invitation to the 2024 Masters and a spot in next year’s British Open at Royal Troon. Stubbs finished tied with Chinese pair Sampson Zheng and Ding Wenyi at 1-over 285 at Royal Melbourne forcing a playoff.
Baca lebih lajut »