RBA: ANYTHING LESS A HAWKISH HOLD WOULD WEIGH ON THE AUSSIE – MUFG... anbiru から-フォローミートレーディングコミュニティ

04 Jul 2023, 20:53 · Views 44

The Australian Dollar has been trading on a softer footing going into tomorrow’s RBA policy meeting after correcting lower throughout the second half of last month. Economists at MUFG Bank analyze how the monetary policy decision could impact the Aussie.

RBA to leave rates on hold

The Australian rate market is currently pricing in only 4 bps of hikes for tomorrow’s RBA policy meeting. We agree with current market pricing and expect the RBA to leave rates on hold tomorrow.

If the RBA leaves rates on hold as we expect, then market attention will quickly shift to future rate guidance from the RBA. The Australian market is pricing in around 40 bps of hikes by the end of this year with the next hike expected in either August or September.

Current pricing highlights that a hawkish hold is expected, and anything less would weigh on the Australian Dollar

免責事項：本記事で述べられている見解は著者の見解のみであり、Followmeの公式見解を反映するものではありません。Followmeは、提供された情報の正確性、完全性、信頼性について一切責任を負いません。また、書面で明示的に記載されている場合を除き、本記事の内容に基づいて行われたいかなる行動についても責任を負いません。

この記事が気に入ったら、著者にチップを送って感謝の気持ちを表しましょう。