US EditionAUD/JPY Defies Expectations: Drops To 112.50 Despite RBA's Hawkish Rate Hike
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2 Articles
AUD/JPY Defies Expectations: Drops To 112.50 Despite RBA's Hawkish Rate Hike
BitcoinWorld AUD/JPY Defies Expectations: Drops to 112.50 Despite RBA’s Hawkish Rate Hike Sydney, Australia – The Australian Dollar to Japanese Yen (AUD/JPY) currency pair presents a compelling market paradox, declining to near 112.50 despite the Reserve Bank of Australia’s recent interest rate increase. This unexpected movement challenges conventional forex wisdom and reveals deeper market dynamics at play in Asia-Pacific trading sessions. AUD/…
ASX 200 reacts to an RBA 25bps rate hike by... closing somewhat firmly in the green?
Colour me surprised – the ASX200 successfully priced something in for once, with today’s RBA rate hike not scaring the market down into red territory. For a country that sold off the last time a widely expected hike decision was executed, this Market Link finance journalist was caught out by the price action on Tuesday arvo that seemed to accept with uncharacteristic stoicism the reality Oz faces. Listen to the HotCopper podcast for in-depth dis…
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