{"id":276877,"date":"2026-02-02T13:51:08","date_gmt":"2026-02-02T13:51:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/276877\/"},"modified":"2026-02-02T13:51:08","modified_gmt":"2026-02-02T13:51:08","slug":"anticipated-rba-hike-looms-bny","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/276877\/","title":{"rendered":"Anticipated RBA hike looms \u2013 BNY"},"content":{"rendered":"<p>Bob Savage, Head of Markets Macro Strategy at BNY, notes the Australian Dollar&#8217;s potential as the Reserve Bank of Australia (RBA) is expected to hike <a href=\"https:\/\/www.fxstreet.com\/rates-charts\/rates\" data-fxs-autoanchor=\"\" rel=\"nofollow noopener\" target=\"_blank\">rates<\/a> <a href=\"https:\/\/www.fxstreet.com\/economic-calendar\" data-fxs-autoanchor=\"\" rel=\"nofollow noopener\" target=\"_blank\">this week<\/a> due to rising inflation. This shift marks a significant turnaround for a G10 economy transitioning from an easing cycle to tightening. The report emphasizes the RBA&#8217;s hawkish stance compared to other central banks and notes the impact on AUD trading dynamics.<\/p>\n<p>RBA hike expected amid inflation concerns<\/p>\n<p>&#8220;There is a strong case for an RBA hike this week, as inflation has decidedly taken a higher turn. Such a step would mark one of the fastest turnarounds for a G10 economy shifting from an easing cycle back toward hikes.&#8221;<\/p>\n<p>&#8220;Any marked improvement on the AUDUSD leg will be highly sensitive to any shift in relative pricing between the two central banks and change aggregate flow dynamics.&#8221;<\/p>\n<p>&#8220;AUD was net-bought on the crosses, which comes as no surprise given that the RBA\u2019s hawkish pricing and the global metals complex meant AUD was highly favored on a relative value basis.&#8221;<\/p>\n<p>(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)<\/p>\n","protected":false},"excerpt":{"rendered":"Bob Savage, Head of Markets Macro Strategy at BNY, notes the Australian Dollar&#8217;s potential as the Reserve Bank&hellip;\n","protected":false},"author":2,"featured_media":276878,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60],"class_list":["post-276877","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/276877","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=276877"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/276877\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/276878"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=276877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=276877"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=276877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}