Singapore VTL to Australia – Aussie dollar firm : Singapore’s Vaccinated Travel lane was announced by Singapore’s transport Ministry on Tuesday (link), travellers should pay attention as AUD dollar firms.
Central bank policymakers buffeted currency trading on Thursday as the Australian dollar held firm on growing speculation about the Reserve Bank of Australia’s tightening plans, while the yen steadied as the Bank of Japan kept policy steady as expected.
Next on the agenda is the European Central Bank’s rates review later in the global day, with investors looking to clues on how it plans navigate accelerating global inflation.
The Australian dollar was at $0.7504, near its three month top as Australian bond yields surged to their highest since mid 2019 after the central bank declined to buy a government bond at the heart of its stimulus programme, even though yields were well above its target of 0.1%.
- AUD/USD recaptures 0.7500 amid hawkish RBA expectations.
- Leading Australian banks bring forward their RBA rate hike calls.
- The aussie April 2024 yields jump, focus shifts to the US Q3 GDP release.
AUD/USD is staging a decent comeback above 0.7500, in a turnaround from daily lows of 0.7480, as the investors shrug off the risk-off market mood amidst rising bets of an earlier rate hike by the Reserve Bank of Australia (RBA).
Missed yesterday’s news? Catch up on news here https://stories.cashchanger.co/meme-coin-shiba-inu-surpasses-doge-by-market-cap/
Compare & get latest best Exchange rates #SGDAUD #AUDSGD #AUD #AussieDollar #Australia https://cashchanger.co/singapore/sgd-to-aud
Compare Remittance best rates to send money to #Aussie #Downunder – https://remit.cashchanger.co/singapore/sgd-to-aud
Catch us on:
Web: https://cashchanger.co | https://remit.cashchanger.co/
Telegram: https://cashchanger.co/telegram
Facebook: https://fb.me/cashchanger
Instagram: https://www.instagram.com/cashchangercom/
#exchangerate #remittance #compareexchangerates #compareremittancerates #fxrates
Read about Aussie dollar firm at https://www.reuters.com/article/global-forex/forex-aussie-dollar-firm-as-bonds-tumble-yen-looks-past-boj-idUSL1N2RO07W, https://www.fxstreet.com/news/aud-usd-bounces-back-above-075-amid-rising-bets-of-earlier-rba-rate-hike-202110280238
