Australian Dollar appreciates amid expectations of the RBA delaying rate cuts

AUDUSD News

Australian Dollar appreciates amid expectations of the RBA delaying rate cuts
SEOMajorsMacroeconomics
  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 26 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 72%

The Australian Dollar (AUD) holds gains on Thursday after the release of soft Consumer Inflation Expectations for July by the Melbourne Institute, which presents consumer expectations for inflation over the next 12 months.

The Australia n Dollar gains ground due to the hawkish sentiment surrounding the RBA. Australia 's Consumer Inflation Expectations for July posted a reading of 4.3%, slightly lower than June’s 4.4% reading. The US Dollar declines due to the lower Treasury yields ahead of Consumer Price Index data for June.

AUD/USD: Daily Chart Australian Dollar PRICE Today The table below shows the percentage change of Australian Dollar against listed major currencies today. Australian Dollar was the strongest against the Canadian Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD -0.03% -0.03% -0.03% 0.03% -0.05% -0.08% -0.07% EUR 0.03% 0.01% 0.02% 0.06% -0.00% -0.03% -0.03% GBP 0.03% -0.01% -0.02% 0.05% -0.02% -0.05% -0.02% JPY 0.03% -0.02% 0.02% 0.04% -0.02% -0.09% -0.03% CAD -0.03% -0.06% -0.05% -0.04% -0.09% -0.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FXStreetNews /  🏆 14. in US

SEO Majors Macroeconomics Australia

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Australian Dollar holds losses after RBA MinutesAustralian Dollar holds losses after RBA MinutesThe Australian Dollar (AUD) extends its losses for the second successive day on Tuesday.
Read more »

Australian Dollar clears losses as market digests Powell’s words and RBA minutesAustralian Dollar clears losses as market digests Powell’s words and RBA minutesTuesday's session witnessed the Australian Dollar (AUD) clearing losses against the US Dollar following the release of the hawkish Reserve Bank of Australia (RBA) minutes and the US JOLTs figures from May.
Read more »

Australian Dollar depreciates after dovish comments from the RBA Deputy Governor HauserAustralian Dollar depreciates after dovish comments from the RBA Deputy Governor HauserThe Australian Dollar (AUD) depreciates against the US Dollar (USD) on Friday, which could be attributed to the dovish comments from the Reserve Bank of Australia’s (RBA) Deputy Governor Andrew Hauser.
Read more »

Australian Dollar rebounds as economists predict the RBA to maintain rates in JuneAustralian Dollar rebounds as economists predict the RBA to maintain rates in JuneThe Australian Dollar (AUD) has recovered from Friday's losses, possibly driven by improved risk appetite.
Read more »

Australian Dollar extends losses ahead of RBA decisionAustralian Dollar extends losses ahead of RBA decisionThe Australian Dollar (AUD) experienced additional losses against the US Dollar (USD) despite strong labor market data from Australia reported earlier in the week, which prompted for a more hawkish Reserve Bank of Australia (RBA).
Read more »

Australian Dollar expects losses ahead as RBA decision loomsAustralian Dollar expects losses ahead as RBA decision loomsThe Australian Dollar (AUD) experienced additional losses against the US Dollar (USD) on Monday as markets gear up for Tuesday’s Reserve Bank of Australia (RBA) decision.
Read more »



Render Time: 2025-02-22 09:46:50