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Sunday, March 26, 2023

Fundamental: Inflation Fears Set to Upend Swap Traders Betting on RBA Pause

Forex Factory
 
 
Alert Alert Mar 27, 2023, 4:55am
 
Fundamental: Inflation Fears Set to Upend Swap Traders Betting on RBA Pause
Traders expecting Australia's central bank to stop raising interest rates next month, and then cut from July, may end up being disappointed. Swaps covering the Reserve Bank of Australia's July meeting now signal about a 50% chance of a rate cut, an about-face from two weeks ago when they were still expecting another hike by then. The nation's three-year ...
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