RBA Holds Rates Steady at 4.35%: A Trader's Guide for AUD Pairs
On September 24, 2024, at 5:30 am WAT, the Reserve Bank of Australia (RBA), under the leadership of Governor Michelle Bullock, decided to keep the interest rate unchanged at 4.35% for the seventh consecutive meeting. This steady rate decision comes amidst fluctuating inflation data and a domestic focus, leaving traders with significant insight into the bank’s current stance and potential moves ahead. Here's what you need to know as a trader analyzing AUD pairs: