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Recevez les dernières nouvelles économiques de ForexMart, y compris les mises à jour des marchés financiers, les actions de la Banque centrale, les performances financières et d'autres nouvelles pertinentes qui pourraient avoir un impact sur l'industrie.

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Australian Central Bank Sets Rates Steady

Février, 08 2017
watermark Economic news

The central bank of Australia remained rates unchanged at 1.5 percent during its policy meeting on Tuesday.  The bank also mentioned its projection about the growth of economy Down Under by 3 percent per annum basis while inflation could exceed its 2 percent target.

Monetary easing is no longer expected within major economies as the board of judges decided to be consistent with the rates considering its sufficiency to sustain growth in the economy as well as to gain the target inflation in time.

The expected interest rates were at its lowest point that provided support to the Aussie dollar and reach a high rate of $0.7675 subsequent to the decision made by the Reserve bank of Australia, compared with the $0.7637 prior to the announcement.


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Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.