Australia's Federal Reserve's decision to "hawkishly" raise interest rates in August has ignited expectations. Short-term Australian government bond yields have jumped.

The hawkish stance of the Reserve Bank of Australia has prompted traders to increase their bets on a rate hike in August.

Zhitong FinanceJun 18 23:33 ET

Australian Dollar Extends Upside on RBA Hawkish Hold

Australian Dollar (AUD) trades on a stronger note on Wednesday amid the weaker US Dollar.

FXStreetJun 18 23:08 ET

Australia Stands Apart With Rate-Hike Pricing After Hawkish RBA

(Bloomberg) -- Australia’s central bank put the world on alert that it may buck global trends by raising interest rates again, with policymakers delivering what the bond market judged to be the most hawkish shock in a year.

BNN BloombergJun 18 22:40 ET

Australian Dollar Buoyed by Rate-Hike Prospect -- Market Talk

The Australian dollar is buoyed by the possibility of an interest-rate hike in Australia, even as most market participants expect the next move will be a cut, MUFG currency analyst Lee Hardman writes in a research note.

WSJJun 18 09:54 ET

RBA Holds Rates Amid Stubborn Inflation

Citing stubborn inflation, the Reserve Bank of Australia (RBA) again held its key interest unchanged for the fifth-straight policy meeting, the central bank disclosed Tuesday.

MT NewswiresJun 18 04:30 ET

Forex Today: Aussie Edges Higher on Hawkish RBA Hold, Focus Shifts to US Data

The Australian Dollar (AUD) stays resilient against its major rivals early Tuesday as markets assess the Reserve Bank of Australia (RBA) policy announcements and Governor Michele Bullock's comments.

FXStreetJun 18 03:08 ET