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AUD/USD
AUD/USD
0.7222
+0.04% (+0.0003)
Market read
A major bank now sees the RBA tightening sooner than previously thought. An earlier rate hike would typically support higher yields on Australian assets relative to the US. Next up: Westpac Consumer Confidence Change.
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Goldman Sachs moved forward its forecast for the RBA's next rate hike, now expecting it in September rather than November.
A major bank now sees the RBA tightening sooner than previously thought. An earlier rate hike would typically support higher yields on Australian assets relative to the US.
FinancialJuice·09/08, 08:56 PM
Goldman Sachs moved forward its forecast for the RBA's next rate hike to September, from a prior expectation of November.
FinancialJuice·09/08, 04:43 PM
RBA official Hauser said the board will debate an interest rate hike this month, but the outcome is not guaranteed.
InvestingLive·09/08, 04:03 AM
China's August trade data is due, with a Reuters poll forecasting export growth of 25% year-on-year (up from 23.9% in July), import growth of 30% year-on-year (up from 27.5%), and a trade surplus widening to about $119.05 billion from $112.5 billion in July.
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