RBA Raises Cash Rate to 4.10% in Closest Vote Since Transparent Voting Began 
ANZ and Westpac Forecast Two RBA Rate Hikes in March and May 2026 
ECB Eyes Rate Hike Amid Iran Conflict-Driven Energy Price Surge 
Fed Rate Cut Hopes Fade as Oil Prices Stoke Inflation Fears 
Paraguay Central Bank Holds Interest Rate at 5.5% Amid Slowing Growth 
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures 
Bank of Japan Faces Rate Uncertainty Amid Middle East Oil Shock 
RBA Set for Back-to-Back Rate Hikes, Westpac Forecasts 
Taiwan Central Bank Expected to Hold Interest Rates Steady Through 2027 
Global Central Banks Hold Rates Amid Iran War-Driven Energy Price Surge 
Goldman Sachs Raises ECB Rate Hike Forecast Amid Persistent Energy-Driven Inflation 
RBA published the minutes of its August monetary policy today. It has reiterated that it is “unlikely that the cash rate target would be cut in the short term.” The minutes also stated that “not possible to either rule in or rule out” further interest rate changes. The central bank mentioned that an immediate hike is possible only if inflation increases materially.
It also suggested that keeping the cash rate steady “for an extended period” is good to drag the inflation down to target within a reasonable time frame.
Major resistance- 0.6800
Near-term resistance - 0.6750
Minor support- 0.6640,0.6600
Trend reversal level- 0.6560
