Tag - aud - australian dollar

AUD/NZD failed at resistance
AUD/NZD failed at resistance

AUD/NZD spiked to 1.0720 this week after the Reserve Bank of New Zealand cut interest rate but then quickly retreated back to 1.06.

Australian dollar tacks on
Australian dollar tacks on

On Tuesday, the Australian dollar steeply ascended after Australia’s major financial institution held rates at a record minimum, dashing speculation it might ease policy in response to a below-par outcome of inflation…

Will the RBA cut its rate?
Will the RBA cut its rate?

The Reserve bank of Australia will announce its interest rate and release a statement on May 7, at 07:30 MT time.

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