empty
 
 

2025.11.0404:17:50UTC+00Aussie Dollar on 5-Session Decline

The Australian dollar fell below $0.652 on Tuesday, marking its fifth consecutive day of losses, as the Reserve Bank of Australia (RBA) maintained its benchmark interest rate at 3.60% amidst ongoing inflation and economic uncertainties. Earlier this year, RBA Governor Michele Bullock highlighted a "wait-and-see" approach, indicating that further policy shifts would be contingent on forthcoming data, specifically inflation returning reliably to the 2%-3% target range. However, the third-quarter Consumer Price Index (CPI) complicated this outlook, as both headline and trimmed mean inflation rose beyond expectations, suggesting persistent underlying price pressures. The RBA also acknowledged that global uncertainties, including geopolitical risks and trade tensions, could dampen demand and potentially impact domestic labor market conditions. Externally, the Australian dollar faced increased pressure against the US dollar after Federal Reserve officials expressed a more cautious stance regarding the timing of potential interest rate cuts.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $5000 more!
    In November we raffle $5000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback