At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 4.60 per cent. Inflation remains elevated and some of the upside risks flagged in August are materialising. The conflict in the Middle East has broadened and global energy prices are now much higher than had been assumed in the August […]
The post (RBA) Statement by the Reserve Bank Board: Monetary Policy Decisions appeared first on ActionForex.
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The RBA raised the cash rate by 25bp to 4.60% in a unanimous decision, but the stronger signal came from its assessment that previously identified inflation risks are now becoming reality. The Board said “some Read more…
The short‑term Elliott Wave view in Gold (XAUUSD) indicates that the cycle from the August 25, 2026 high is unfolding as a zigzag corrective structure. From the August 25 peak, wave A concluded at $4282.23, Read more…