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Australian dollar
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- 1RBA raises Australian interest rate to 4.60%▼Australian RBA Interest Rate Decision 4.60% vs. Exp. 4.6% (Prev. 4.35%)
The Reserve Bank of Australia has lifted its cash rate to 4.60%, up from 4.35% and in line with expectations. It is the first hike of this cycle, and markets and economists are watching for what the move signals about the bank's fight against persistent inflation and whether further tightening will follow.
- 230-Year US Treasury Yields Hit Highest Level Since 2002●🟠 UPDATE 30-Year U.S. Treasury Bond Yields Reach Highest Level Since 2002 The US dollar rose against major currencies as
Yields on 30-year US Treasury bonds have climbed to their highest level since 2002, while the US dollar rose against major currencies. Investors are watching upcoming economic data for clues on the Federal Reserve's interest-rate path, and the Australian dollar slipped after the country's central bank delivered a rate hike, adding to pressure across global bond and currency markets.