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Market Update | Forex | RBA Hold – AUD & ASX200 Analysis

Published: 01.08.2023
by Joseph Jeffriess

Today’s focus: AUDUSD AUDJPY ASX200

  • RBA held the cash rate at 4.10%
  • AUDUSD dropped 0.78% after the release
  • ASX200 tested 7486

The RBA surprised the market by holding interest rates today. We have run over some of the data and looked at the reaction from traders on the AUDUSD, AUDJPY and the ASX200. Will the AUD continue to decline into the London and NY sessions? Could the ASX200 retest 7500 if the current trend can continue?

Today’s Analysis Video

Have a great day and good trading.

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