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The AUD is the strongest and the GBP is the weakest as the NA session begins

The AUD is the strongest and the GBP is the weakest as the NA session begins

The AUD is the strongest and the GBP is the weakest as the NA session begins. In Australia, the RBA raised rates by 0.25% to 3.35% and said:

  • Board expects further increases in interest rates
  • Board resolute in its determination to return inflation to target
  • The central forecast is for CPI inflation to decline to 4¾ per cent this year and to around 3 per cent by mid-2025.

The target inflation band is 2% to 3%. Their expectations don't reach the high end of... Read More

Posted: Feb 7 2023, 13:19
Author Name: forexlive
Views: 111873

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