Australia's GDP is lower than expected
The current situation, the Australian 3-year bond yield rose to 3.71%, the highest since October.
Yesterday's hot details | The Reserve Bank of Australia unexpectedly raised its key interest rate by 25 basis points to 4.10%, continuing to hit a new high since 2012 and the market expected rates to stay the same.
Australia's GDP is lower than before and lower than expected. So creating a lot of pressure for the Australian currency.
Before: 2.70% Hope: 2.40% Reality : 2.30%
GBPAUD BUY 1.8600 - 1.8550π―π―
β π³π―1 1.8650
β π³π―2 1.8670
β TP3 1.8700
ππ²π« 1.8500
Yesterday's hot details | The Reserve Bank of Australia unexpectedly raised its key interest rate by 25 basis points to 4.10%, continuing to hit a new high since 2012 and the market expected rates to stay the same.
Australia's GDP is lower than before and lower than expected. So creating a lot of pressure for the Australian currency.
Before: 2.70% Hope: 2.40% Reality : 2.30%
GBPAUD BUY 1.8600 - 1.8550π―π―
β π³π―1 1.8650
β π³π―2 1.8670
β TP3 1.8700
ππ²π« 1.8500
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