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ANZ say any AUD pop on the RBA decision today is likely to be short-lived

The Reserve Bank of Australia meet on Tuesday, 2 May 2023.statement due at 2.30pm local time, which is 0430 GMT and 0030 US Eastern timeLast month the RBA left its cash rate unchanged after 10 consecutive rate hikes.Earlier previews are here:RBA meet this week - preview - on hold again for the 2nd month in row, AUD vulnerableWestpac forecasts no change in RBA cash rate (previously at +25bp rate hike)--ANZ:"We expect the RBA to keep the cash rate at 3.6% at the May meeting," ANZ notes. "Given th... Read More

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Posted: May 1 2023, 20:52

Author Name: forexlive

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