Australian Interest Rates

Fx News Spike Signals by Crazy Cat, 2019/04/01

Release Time: 23:30 New York time (EST)
Primary currency pair: AUD/USD
Forecast: 1.50
Prior: 1.50
LT1 (Lower Trigger 1): -0.25 [SELL] (means 0.25 cut)
UT1 (Upper Trigger 1): +0.25 [BUY] (means 0.25 hike)
Safety: 1

There are 33 estimates, and one economist expect a cut from 1.50% to 1.25% while 32 economists expect no change this time. Therefore, the median estimate is 1.50% and the average estimate is 1.49%. One standard deviation is 0.04%.

If there is a cut from 1.50% to 1.25% ( -0.25 deviation in this case), AUD/USD should go down by a lot, possibly 80+ pips.

If there is no change in interest rates (0.00 deviation in this case), it's a no trade for sure. The market mostly expects no change this month.

Of course, if they hike the rates to 1.75% or higher (+0.25 deviation), it would be a good buy signal on AUD/USD but it's unlikely to happen.

As always with the interest rates, be careful and do not overtrade it. Usually, interest rates are released on time.

Forex news history and charts

Go back to the Forex Market News listing
Copyright © 2014 Secret Weapons LLC. All Rights Reserved.   問い合わせ | 提携プログラム | 個人情報保護方針