empty
 
 

2026.02.0303:44:26UTC+00Aussie Dollar Rebounds on RBA Rate Hike

The Australian dollar climbed to approximately $0.69 on Tuesday, reversing its two-day decline, following the Reserve Bank of Australia's anticipated interest rate hike. The central bank increased the cash rate by 25 basis points to 3.85%. This marks the RBA's first rate increase since November 2023, making it the first major central bank to transition from post-COVID easing to tightening measures. The decision was made unanimously, underpinned by a range of data from recent months highlighting intensified inflationary pressures during the latter half of 2025, which are projected to exceed the target range for an extended period. Additionally, the RBA observed that private demand is outpacing expectations, capacity constraints are more significant than previously evaluated, and the labor market remains relatively tight. Attention now shifts to Governor Michele Bullock’s press conference after the meeting, where her remarks and updated economic projections are anticipated to offer deeper insights into the RBA’s policy direction.

  • 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 $1000 more!
    In February we raffle $1000 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
  • 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