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Tuesday, February 18, 2025

Asia Market Movers: ForexLive Asia-Pacific FX news wrap: RBA cuts rates for the first time in four years

ForexLive Asia-Pacific FX news wrap: RBA cuts rates for the first time in four years

AUD/USD chopped higher on the as expected RBA rate cut announcement RBA CUTS by 25bp, as widely expected (to 4.1%, from 4.35% previously) 9 of the top 10 RBA cash rate forecasters are tipping a cut -... 

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AUD/USD chopped higher on the as expected RBA rate cut announcement

The Reserve Bank of Australia has finally joined its global peer central banks in cutting rates. Well, once. It's a start: RBA CUTS by 25bp, as widely expected (to 4.1%, from 4.35% previously) Check o... 

RBA CUTS by 25bp, as widely expected (to 4.1%, from 4.35% previously)

This is the first Reserve Bank of Australia cash rate cut since the cut in November 2020 to 0.1% The RBA rate hike cycle began in May 2022 with a move to 0.35%, and the Bank has been on hold at 4.35%... 

9 of the top 10 RBA cash rate forecasters are tipping a cut - decision is imminent

of 10 tip a cut. The Australian Financial Review popped this up late last week: 9 of the top 10 are tipping a cut. I note Warren Hiogn is not. I have a A LOT of time for Hogan, but I think he is on th... 

Federal Reserve speakers on Tuesday include Daly and Barr

1520 GMT / 1020 US Eastern time Federal Reserve Bank of San Francisco President Mary Daly speaks and participates in a moderated discussion before the 2025 Conference for Community Bankers hosted by t... 

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Latest Forex Orders

FX option expiries for 17 February 10am New York cut

There is just one to take note of on the board for today, as highlighted in bold . That being for EUR/USD at the 1.0500 mark. That should keep price action locked in closer to the figure level, though... 

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