The Australian dollar is recovered in the ruler.

Australian Reserve Bank (RBA) kept its cash price unchanged at 4.10 % At its first meeting of April, he maintained his optimistic position with caution against inflation while expressing concerns about global economic uncertainty, especially with regard to American trade policies.

It was widely expected that the decision to retain prices is fixed by the markets, as traders wondered about 93 % of the chances of non -change before the meeting. This is followed by a reduction in the first interest from RBA in more than four years, which happened in February 2025 when the bank reduced prices from 4.35 % to 4.10 %.

Main meals:

• RBA maintained the price of money by 4.10 % as expected widely
• The basic inflation continues to mitigate in line with expectations
• The conditions of the labor market remain narrow despite the decrease in February employment
• The painting has decreased an explicit sign of caution about more price cuts
• Increasing concerns about tariff policies that affect global confidence
• The price of the markets by 70 %, the possibility of reducing average in May

In its statement, RBA pointed out that “basic inflation is moderate” and “has decreased significantly from peak in 2022”, but he said he still needs more confidence in that the trend would continue before dilution again. The council maintained its plan that the policy remains “restricted”, which means that it still sees some land pressure on inflation.

What caught the attention of the merchants was an accurate shift, such as RBA has decreased a clear indication of caution about lowering prices more, Which the analysts were explained as a slightly Dovish signal. This was sufficient for markets to photograph the chances of reducing another rate in May to about 70 %, with the price of money down to about 3.35 % by the end of the year.

RBA also spent more than usual in discussing global risks, especially American definitions. “Recent advertisements from the United States on definitions have an impact on confidence worldwide,The bank said, warning that the broader or revenge measures may harm global growth and add uncertainty in inflation.

Link to the official monetary policy statement RBA for March 2025

During the press conference, RBA Governor Michel Bullock reiterated that they could not declare victory over inflation yet, explaining this Their decision was not a sign of a series of upcoming discounts. She explained that this reduction was a “difficult decision” and that more cuts depend on the data received.

The press conference link RBA for the month of March 2025

Market reaction:

Australian dollar against major currencies: 5 minutes

The Australian initially decreased in all fields after the RBA statement bent slightly, which cut the previous gains made during the Asian session with the opening of the Hong Kong and China markets.

But about 30 minutes later, AUD caught a width and rose to its highest levels during the day after he pushed Bullock’s ruler back in exchange for price cuts by emphasizing the risk of inflation on two sides.

AUD is the most powerful gains against EUR, CAD and USD with a more limited gain against JPY.