The Reserve Bank of New Zealand is expected to leave its cash rate target on hold at today’s policy meeting. The announcement is due at 0100 GMT, which is 2100 US Eastern time.
The Reserve Bank of Australia left its on hold yesterday:
- Reserve Bank of Australia leaves its cash rate unchanged at 4.1%, as widely expected
- RBA October 2023 decision – leaves cash rate unchanged – full text of Governor’s Statement
- AUD/USD stays under pressure as RBA stays on the sidelines
- HSBC: 4 reasons to stay bearish on AUD/USD following the RBA’s hawkish hold
- This snapshot from the ForexLive economic data calendar, access it here.
- The times in the left-most column are GMT.
- The numbers in the right-most column are the ‘prior’ (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.
- I’ve noted data for New Zealand and Australia with text as the similarity of the little flags can sometimes be confusing.
This article was written by Eamonn Sheridan at www.forexlive.com. Source