Australia RBA Interest Rate Decision above expectations (0.6%): Actual (0.85%)

Jun 7, 2022

Asian Stock Market: Trades positive as DXY loses strength, oil sustains below $120.00

Markets in the Asian domain are trading positive as the bullish momentum in the US dollar index (DXY) displayed at the open has started fading now. Th

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Jun 7, 2022

Breaking: RBA raises OCR by 50 bps to 0.85%, AUD/USD spikes towards 0.7250

The Reserve Bank of Australia (RBA) board members announced a 50 basis points (bps) hike to its official cash rate (OCR), lifting it from 0.35% to 0.

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