Australian Dollar Sinks as The USD Stands Strong as the King Currency

Australian Dollar

The Australian Dollar stays captive to global forces as the USD continues to soar on the back of an inflation-combating Federal Reserve. In the early hours of today, St. Louis Fed President James Bullard emphasized the bank’s determination to push price pressure down when he said, “There’s a lot of tightening in the pipeline.”

His comments were backed by Evans and Kashkari, his fellow board members. These comments have caused the treasury yields to soar to levels not seen in years.

The USD shot up across the board and no more so than against the British Pound after the UK government announced some unexpected fiscal stimulus measures last Friday.

The RBA has hinted toward a deceleration in their rate hike program. Governor Philip Lowe said that the board would consider a 25 or 50 basis point lift at their meeting.

This shows a serious inflation problem but has also undermined the currency with a lower yield on offer.

The next CPI gauge will be known 26th of October and makes this upcoming meeting at Martin Place a somewhat blind estimate of what is happening to price pressures within the economy.

The market is also torn between a 25 or 50 basis rate hike next week, with the futures market pricing in a 39 basis point change.

This Post Has 23 Comments

  1. leanbiome reviews

    What is Leanbiome? LeanBiome is a dietary supplement that is formulated with nine critically-researched lean bacteria species.

  2. Fitspresso

    Thank you for another fantastic post. Where else could anybody get that kind of info in such a perfect way of writing? I have a presentation next week, and I am on the look for such information.

  3. puravive

    Puravive is a natural weight loss supplement and is said to be quite effective in supporting healthy weight loss.

  4. puravive

    Puravive is a natural weight loss supplement and is said to be quite effective in supporting healthy weight loss.

  5. Denticore

    I do enjoy the manner in which you have framed this specific concern plus it does indeed present us some fodder for consideration. On the other hand, because of everything that I have experienced, I simply trust as the actual remarks stack on that individuals continue to be on issue and in no way get started on a soap box regarding some other news du jour. Still, thank you for this excellent piece and though I can not necessarily agree with it in totality, I regard your standpoint.

  6. zen cortex

    What Is Exactly ZenCortex? ZenCortex is an optimal hearing function support

  7. I do love the way you have presented this particular issue and it does indeed supply us a lot of fodder for thought. Nevertheless, from everything that I have seen, I basically trust when the actual feedback pack on that people today remain on point and in no way get started upon a soap box associated with some other news du jour. Still, thank you for this fantastic piece and although I do not necessarily go along with this in totality, I regard the viewpoint.

  8. Redboost review

    Throughout the grand scheme of things you’ll receive an A for hard work. Where exactly you actually confused me was in all the particulars. As as the maxim goes, the devil is in the details… And that could not be more true right here. Having said that, allow me reveal to you just what exactly did give good results. Your authoring is certainly extremely engaging and this is possibly the reason why I am taking the effort to opine. I do not make it a regular habit of doing that. 2nd, whilst I can easily see a jumps in reasoning you make, I am not necessarily certain of exactly how you appear to unite your details which inturn produce the conclusion. For right now I shall yield to your point but trust in the future you link the facts better.

  9. Illuderma review

    I adore forgathering utile information , this post has got me even more info! .

  10. paper wallet bitcoin

    I was recommended this website by my cousin. I’m not sure whether this post is written by him as nobody else know such detailed about my difficulty. You are incredible! Thanks!

  11. Trading bot

    Howdy this is kinda of off topic but I was wondering if blogs use WYSIWYG editors or if you have to manually code with HTML. I’m starting a blog soon but have no coding knowledge so I wanted to get advice from someone with experience. Any help would be enormously appreciated!

  12. I’m impressed, I have to say. Actually not often do I encounter a blog that’s both educative and entertaining, and let me tell you, you may have hit the nail on the head. Your concept is excellent; the problem is one thing that not sufficient persons are talking intelligently about. I am very joyful that I stumbled across this in my search for one thing regarding this.

  13. An interesting discussion is worth comment. I think that you should write more on this topic, it might not be a taboo subject but generally people are not enough to speak on such topics. To the next. Cheers

  14. Thank you for another wonderful post. Where else could anyone get that type of info in such a perfect way of writing? I have a presentation next week, and I am on the look for such info.

  15. Hello! I just would like to give a huge thumbs up for the great info you have here on this post. I will be coming back to your blog for more soon.

  16. crypto poker club

    Regards for all your efforts that you have put in this. very interesting information.

  17. what is a prop firm?

    Hi there! This post couldn’t be written any better! Reading through this post reminds me of my previous room mate! He always kept talking about this. I will forward this article to him. Pretty sure he will have a good read. Thank you for sharing!

  18. cryptocurrency

    The next time I read a blog, I hope that it doesnt disappoint me as much as this one. I mean, I know it was my choice to read, but I actually thought youd have something interesting to say. All I hear is a bunch of whining about something that you could fix if you werent too busy looking for attention.

  19. tlovertonet

    F*ckin’ awesome things here. I am very glad to see your article. Thanks a lot and i am looking forward to contact you. Will you please drop me a e-mail?

Leave a Reply

Important Link

Fund Your Deriv Account
Withdraw Funds to Your Local Currency
VIP Trading Signals
Learn To Trade

Contact Us

Follow Us

Disclaimer

Forex, Crypto, Options, and Binary Options have both large potential rewards and large potential risks. Therefore, before investing or trading any of the assets, ensure you are aware of and willing to accept the accompanying risks. Do not trade money you cannot afford to lose.

All Rights Reserved. None of the content of this website can be published elsewhere by any means without the prior consent of the owner(s). Please, check our terms & conditions and privacy policy before continuing to use this website.

This website and its owner(s) are not in any way liable for any incurred loss, whether caused by the information provided on this website or otherwise. The use of this website, including the content and information provided, is the user’s sole liability.