AUD/NZD rallies to 1.1130 area, closer to multi-month top after RBA’s 25 bps rate cut
18.02.2025, 03:48

AUD/NZD rallies to 1.1130 area, closer to multi-month top after RBA’s 25 bps rate cut

  • AUD/NZD rebounds swiftly from over a one-week low touched earlier this Tuesday.
  • The move up picks up pace after the RBA’s widely expected 25 bps interest rate cut.
  • Traders now look forward to the post-meeting press conference for a fresh impetus.

The AUD/NZD cross stages a goodish rebound from over a one-week low, around the 1.1075 region touched during the Asian session on Tuesday, and gains follow-through traction after the Reserve Bank of Australia (RBA) announced its policy decision. Spot prices currently trade around the 1.1130 area, up nearly 0.50% for the day, and remain close to a multi-month peak touched last week. 

The RBA board members decided to lower the Official Cash Rate (OCR) by 25 basis points (bps) from 4.35% to 4.1% at the end of the February policy meeting. This was the first RBA rate cut since November 2020 and was fully priced in the market. In the absence of fresh dovish signals, the Australian Dollar (AUD) strengthens across the board and turns out to be a key factor that provides a goodish lift to the AUD/NZD cross. 

The New Zealand Dollar (NZD), on the other hand, continues with its relative underperformance amid rising bets that the Reserve Bank of New Zealand (RBNZ) will deliver a third supersized rate cut later this month. This further contributes to the strong bid tone surrounding the AUD/NZD cross. Traders now look to the RBA's post-meeting presser, where comments from RBA Governor Michele Bullock might influence the AUD.

Economic Indicator

RBA Interest Rate Decision

The Reserve Bank of Australia (RBA) announces its interest rate decision at the end of its eight scheduled meetings per year. If the RBA is hawkish about the inflationary outlook of the economy and raises interest rates it is usually bullish for the Australian Dollar (AUD). Likewise, if the RBA has a dovish view on the Australian economy and keeps interest rates unchanged, or cuts them, it is seen as bearish for AUD.

Read more.

Last release: Tue Feb 18, 2025 03:30

Frequency: Irregular

Actual: 4.1%

Consensus: 4.1%

Previous: 4.35%

Source: Reserve Bank of Australia

 

© 2000-2025. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik