With yesterday’s RBA interest rate cut, the second consecutive 25 basis point reduction, all eyes are on the major banks to see how they react and whether they pass on the full cut.
Meanwhile the AUD has held up well in currency markets
|
Indicative rates |
Sell |
Buy |
|
AUDUSD |
1.0243 |
1.0245 |
|
AUDCAD |
1.0344 |
1.0348 |
|
AUDEUR |
0.7642 |
0.7646 |
|
EURAUD |
1.3079 |
1.3083 |
|
AUDGBP |
0.6567 |
0.6570 |
|
GBPAUD |
1.5217 |
1.5222 |
|
AUDCHF |
0.9489 |
0.9493 |
|
AUDJPY |
79.60 |
79.64 |
|
AUDHKD |
7.9592 |
7.9627 |
|
AUDSGD |
1.3129 |
1.3151 |
|
AUDNZD |
1.3134 |
1.3145 |
|
NZDUSD |
0.7792 |
0.7798 |
|
EURNZD |
1.7183 |
1.7194 |
|
NZDEUR |
0.5815 |
0.5819 |
|
GBPNZD |
1.9995 |
2.0012 |
|
NZDGBP |
0.4996 |
0.4999 |
