Gains ground below 0.7000 on hawkish RBA bets
The post Gains ground below 0.7000 on hawkish RBA bets appeared on BitcoinEthereumNews.com.
The AUD/USD pair trades 0.5% higher to near 0.7015 during the early European trading session on Monday. The Aussie pair rebounds after a sharp two-day sell-off as the Australian Dollar (AUD) outperforms its major currency peers on the expectation that the Reserve Bank of Australia (RBA) will raise interest rates in the monetary policy meeting on Tuesday. Australian Dollar Price Today The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies today. Australian Dollar was the strongest against the Swiss Franc. USD EUR GBP JPY CAD AUD NZD CHF USD -0.09% -0.16% -0.22% 0.02% -0.49% -0.61% -0.02% EUR 0.09% 0.02% -0.13% 0.12% -0.39% -0.39% 0.07% GBP 0.16% -0.02% -0.06% 0.10% -0.41% -0.44% 0.10% JPY 0.22% 0.13% 0.06% 0.26% -0.27% -0.22% 0.21% CAD -0.02% -0.12% -0.10% -0.26% -0.51% -0.54% -0.02% AUD 0.49% 0.39% 0.41% 0.27% 0.51% -0.02% 0.58% NZD 0.61% 0.39% 0.44% 0.22% 0.54% 0.02% 0.54% CHF 0.02% -0.07% -0.10% -0.21% 0.02% -0.58% -0.54% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Australian Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent AUD (base)/USD (quote). The RBA is anticipated to raise its Official Cash Rate (OCR) by 25 basis points (bps) to 4.1% as surging oil prices have boosted inflation expectations across the world. In the last policy meeting in February, the RBA also raised its OCR by 25 bps to 3.85% and kept the door open for further interest rate hikes, citing upside inflation risks. Oil prices have shot up in the past few weeks due to the closure of the…
Filed under: News - @ March 16, 2026 7:33 am
Gains ground below 0.7000 on hawkish RBA bets
The post Gains ground below 0.7000 on hawkish RBA bets appeared on BitcoinEthereumNews.com.
The AUD/USD pair trades 0.5% higher to near 0.7015 during the early European trading session on Monday. The Aussie pair rebounds after a sharp two-day sell-off as the Australian Dollar (AUD) outperforms its major currency peers on the expectation that the Reserve Bank of Australia (RBA) will raise interest rates in the monetary policy meeting on Tuesday. Australian Dollar Price Today The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies today. Australian Dollar was the strongest against the Swiss Franc. USD EUR GBP JPY CAD AUD NZD CHF USD -0.09% -0.16% -0.22% 0.02% -0.49% -0.61% -0.02% EUR 0.09% 0.02% -0.13% 0.12% -0.39% -0.39% 0.07% GBP 0.16% -0.02% -0.06% 0.10% -0.41% -0.44% 0.10% JPY 0.22% 0.13% 0.06% 0.26% -0.27% -0.22% 0.21% CAD -0.02% -0.12% -0.10% -0.26% -0.51% -0.54% -0.02% AUD 0.49% 0.39% 0.41% 0.27% 0.51% -0.02% 0.58% NZD 0.61% 0.39% 0.44% 0.22% 0.54% 0.02% 0.54% CHF 0.02% -0.07% -0.10% -0.21% 0.02% -0.58% -0.54% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Australian Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent AUD (base)/USD (quote). The RBA is anticipated to raise its Official Cash Rate (OCR) by 25 basis points (bps) to 4.1% as surging oil prices have boosted inflation expectations across the world. In the last policy meeting in February, the RBA also raised its OCR by 25 bps to 3.85% and kept the door open for further interest rate hikes, citing upside inflation risks. Oil prices have shot up in the past few weeks due to the closure of the…
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Filed under: News - @ 7:33 am