Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Oct 04 - 06:55 AM

AUD/USD - Drops Back Towards 25 Bps RBA Hike-Spurred Low

By Rob Howard  —  Oct 04 - 05:35 AM
  • AUD/USD has fallen over half-a-cent since hitting 0.6547 at 0649 GMT

  • 0.6547 was highest level since Sept 23 (0.6537 was last week's high)

  • Ascent to 0.6547 fuelled by rise in risk appetite (AUD is risk-sensitive)

  • 0.6451 was Asian session low, following RBA's 25 bps rate hike nL1N31504W

  • Most economists expected the RBA to raise rates by 50 bps nL4N30Z39L

  • Nikkei closed up 3%, its biggest daily gain since March nL4N31514P

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2022 eFXdata · All Rights Reserved
!