Sydney Currency Exchange Pty Ltd

US Dollar’s Extended Reign Delivers Stark Wake-Up Call for Markets The world’s financial markets are encountering a force they didn’t bet on for 2024: A strong dollar is back and looks set to stay.

Reserve Bank holds interest rates steady The Reserve Bank has kept the cash rate at 4.35 per cent as inflation continues to ease and economic growth all but stalls.

Where Are Interest Rates Headed? What to Expect From the Fed Meeting The focus will be about what, if anything, Fed officials say about lowering rates even as they are widely expected to keep rates steady at the meeting’s conclusion Wednesday.

Statement by Michele Bullock, Governor: Monetary Policy Decision | Media Releases At its meeting today, the Board decided to leave the cash rate target unchanged at 4.10 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.00 per cent.

De-dollarization still a long way off, Indian minister says after BRICS talk of a common currency

Statement by Philip Lowe, Governor: Monetary Policy Decision | Media Releases At its meeting today, the Board decided to leave the cash rate target unchanged at 4.10 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.00 per cent.

Reprieve for mortgage holders as RBA holds rates steady In a decision that markets and economists believed was finely balanced, bank governor Philip Lowe said the board had decided to leave the cash rate at 4.1 per cent.

Morgan Stanley Sees Fed Hiking Rates in July After Powell Speech Morgan Stanley now expects the Federal Reserve to raise interest rates at its July meeting, after Chair Jerome Powell signaled the central bank isn’t done with its aggressive hiking cycle just yet.

Australia's inflation problem appears to be easing faster than many predicted, according to the latest Consumer Price Index figures.

Read more: https://trib.al/9cyZu2t

Russia’s coup that wasn’t has created a new risk for markets It’s strange how little impact the bizarre events in Russia over the weekend have had on financial markets. Especially when their fallout could pose a big threat to the markets’ stability.

It’s a Lowe story: Shaking off inflation just got harder It’s possible Taylor Swift’s concerts in Melbourne and Sydney could cause some champagne problems for the RBA in the fight against inflation.

BOJ policymaker calls for keeping low rates, focus on wages

Fed chair sees ‘long way to go’ on inflation fight The US central bank could raise interest rates even higher than their current level of just above 5 per cent to wrestle down rapid price increases, Jerome Powell said.