Reserve Bank of Australia (RBA) news

The Reserve Bank of Australia (RBA) is Australia's central bank. Its primary responsibility is to maintain monetary and financial system stability. The RBA uses various monetary policy tools to influence economic conditions and contribute to sustainable economic growth and full employment in Australia.

AUD/USD Outlook: Technical factors are supporting a potential Aussie dollar bearish move

RBA’s less dovish stance and China’s stimulus are creating a floor on the AUD/USD but technical factors are suggesting another bearish move.

24-03-2025 11:00 GMT by Kelvin Wong

Australian GDP beats forecast, Aussie edges higher

The Australian dollar has extended its gains on Wednesday. AUD/USD is trading at 0.6271 in the European session, up 0.20% on the day. The Australian dollar jumped 0.75% on Tuesday, driven by the hawkish Reserve Bank of Australia minutes and a solid retail sales report. Australian GDP rises 1.3% Australia's economy expanded by 1.3% y/y in the fourth quarter of 2024, up from 0.8% in Q3 and above the market estimate of 1.2% and the RBA's forecast of 1.1%. This marked the fastest pace of growth s

05-03-2025 05:50 GMT by Kenneth Fisher