When is the RBA Interest Rate Decision and how could it affect AUD/USD?

rs do expect the Aussie central bank to mark the one last hawkish dance before pausing the rate hike trajectory. That said, the RBA is up for an Interest Rate decision around 04:30 AM GMT on Tuesday.

Given the recently mixed statements in the RBA minutes and a contrasting play between inflation and wage numbers, not to forget the talks of policy pivot, the AUD/USD traders will be more interested in hearing about the end of the rate hike trajectory, making this event crucial.We expect a 25bp hike in the cash rate from the RBA today, but the decision will be finely balanced.

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