The Reserve Bank of Australia today announced an expected interest rate increase of 25 basis points. Importantly, it was the first such move after four meetings during which rates remained unchanged. Despite the hawkish decision [...]

This week, geopolitical risk is in focus again and orders aimed at securing investments may continue to prevail. The dollar and gold continue to be supported by the current framework [...]

This is probably the end of tightening monetary policy in Australia. Such conclusions can be drawn after the meeting of the Reserve Bank of Australia, at which the bank did not change interest rates for the second consecutive month.

Less hawkish than last time, the signal sent by the Reserve Bank of Australia (RBA) became a signal for the AUD/USD exchange rate to break lower from the weekly consolidation. The rest is up to the head of the Fed.