Tag Archives: RBA
Australian Inflation Trend Boost RBA’s Rate Cut Prospects
Core Inflation Drop Strengthens Case for RBA Action In November, Australian consumer prices saw an uptick largely due to an associated rise in the cost of electricity. This edged inflation up from a three-year low, in turn bolstering the case to cut interest rates as early as next month due to the decline in in […]
Bank of Canada: Accelerating CAD Depreciation?
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDCAD for DEC 11, 2024. USDCAD Key Takeaways USDCAD Technical Analysis USDCAD Weekly Chart Insights (USDCAD Daily Price Chart, Source: Ultima Markets MT4) USDCAD 4-hour Chart Analysis (USDCAD H1 Price Chart, Source: Ultima Markets MT4) USDCAD Pivot Indicator (USDCAD M30 Price Chart, […]
Reserve Bank of Australia Leaves Rates Steady at 4.35%
RBA Indicates a Soft Hawkish Stance The RBA, on Tuesday, left the cash rate unchanged at 4.35% during its December policy meeting, reflecting a softer hawkish bias. With Australia’s central bank moving closer to the possibility of joining its global peers in cutting rates, future policy decisions remain data-dependent, meaning the possibility for a shift […]
AUD Wavers at Lows: Lowe’s Remarks in Focus
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the AUDUSD for DEC 10, 2024. AUDUSD Key Takeaways AUDUSD Technical Analysis AUDUSD Daily Chart Insights (AUDUSD Daily Price Chart, Source: Ultima Markets MT4) AUDUSD 1-hour Chart Analysis (AUDUSD H1 Price Chart, Source: Ultima Markets MT4) AUDUSD Pivot Indicator (AUDUSD M30 Price Chart, […]
