If the Reserve Bank of Australia raises interest rates in June, the Australian dollar is expected to rise to 0.69!

Market analyst Gary Howes wrote that if the Reserve Bank of Australia announces an interest rate hike at its next meeting on June 18, or strongly suggests a rate hike in the third quarter, this may push the Australian dollar to 0.69 against the US dollar, which is a high in June 2023.

FX678 FinanceMay 31 02:17 ET

Bank of England downsizing “pulls” cash demand from liquid banks to record high for six consecutive weeks

The Bank of England has borrowed Bank of England cash for the sixth week in a row.

Zhitong FinanceMay 30 06:46 ET

How Could the UK Election Influence BoE Policy?

Polls show the Labour party is likely to win the July 4 UK general election.

FXStreetMay 30 05:25 ET

Australian Private Capital New Spending Rises 1% in March Quarter

Australian private capital new spending rose 1% in the March quarter, 5.5% higher than a year ago, according to data released Thursday by the Australian Bureau of Statistics.

MT NewswiresMay 29 23:41 ET

RBA's Hunter: Agree With the Treasury Forecast on Inflation

Reserve Bank of Australia (RBA) Chief Economist Sarah Hunter said early Thursday that “we agree with the Treasury forecast on inflation.”

FXStreetMay 29 22:41 ET

Australian Dollar Rebounds as 10-year Government Bond Yield Reaches Four Week Highs

The Australian Dollar (AUD) rebounded on Thursday, possibly driven by the Australian 10-year Government Bond Yield increase to a four-week high of 4.52%.

FXStreetMay 29 22:11 ET