Created
: 2025.07.09
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
RBA's Hauser: Enormous amount of uncertainty in global economy
World FX news
Breaking news
RBA's Hauser: Enormous amount of uncertainty in global economy
2025.07.09 08:54
2025.07.09 08:54
Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser said early Wednesday that there is an enormous amount of uncertainty in the global economy.
Key quotes
Enormous amount of uncertainty in global economy.
Very surprising how markets are shrugging and moving on.
Effects of tariffs on global economy are profound, to drag on growth.
First round impacts of tariffs on Australia look minor.
It's still in the early days, but the worst trade fears have not materialized.
Market reaction
At the time of writing, AUD/USD is holding higher ground near 0.6525, losing 0.05% on the day.
RBA FAQs
The Reserve Bank of Australia (RBA) sets interest rates and manages monetary policy for Australia. Decisions are made by a board of governors at 11 meetings a year and ad hoc emergency meetings as required. The RBA's primary mandate is to maintain price stability, which means an inflation rate of 2-3%, but also "..to contribute to the stability of the currency, full employment, and the economic prosperity and welfare of the Australian people." Its main tool for achieving this is by raising or lowering interest rates. Relatively high interest rates will strengthen the Australian Dollar (AUD) and vice versa. Other RBA tools include quantitative easing and tightening.
While inflation had always traditionally been thought of as a negative factor for currencies since it lowers the value of money in general, the opposite has actually been the case in modern times with the relaxation of cross-border capital controls. Moderately higher inflation now tends to lead central banks to put up their interest rates, which in turn has the effect of attracting more capital inflows from global investors seeking a lucrative place to keep their money. This increases demand for the local currency, which in the case of Australia is the Aussie Dollar.
Macroeconomic data gauges the health of an economy and can have an impact on the value of its currency. Investors prefer to invest their capital in economies that are safe and growing rather than precarious and shrinking. Greater capital inflows increase the aggregate demand and value of the domestic currency. Classic indicators, such as GDP, Manufacturing and Services PMIs, employment, and consumer sentiment surveys can influence AUD. A strong economy may encourage the Reserve Bank of Australia to put up interest rates, also supporting AUD.
Quantitative Easing (QE) is a tool used in extreme situations when lowering interest rates is not enough to restore the flow of credit in the economy. QE is the process by which the Reserve Bank of Australia (RBA) prints Australian Dollars (AUD) for the purpose of buying assets - usually government or corporate bonds - from financial institutions, thereby providing them with much-needed liquidity. QE usually results in a weaker AUD.
Quantitative tightening (QT) is the reverse of QE. It is undertaken after QE when an economic recovery is underway and inflation starts rising. Whilst in QE the Reserve Bank of Australia (RBA) purchases government and corporate bonds from financial institutions to provide them with liquidity, in QT the RBA stops buying more assets, and stops reinvesting the principal maturing on the bonds it already holds. It would be positive (or bullish) for the Australian Dollar.
Last updated
: 2025.07.09
Related articles
USD/JPY: Sharp drop in USD has scope to extend - UOB Group
54 minutes agoUSD/CAD remains pinned below 1.3800 with hopes of Fed cuts limiting upside attempts
57 minutes agoNZD/USD: Any advance is likely part of a higher range of 0.5885/0.5935 - UOB Group
2025.08.04 20:45China: Playbook to reflate the economy - Standard Chartered
2025.08.04 20:42AUD/USD: Likely to trade in a sideways range of 0.6430/0.6495 - UOB Group
2025.08.04 20:39USD recovery remains fragile as tariffs and economic risks mount - BBH
2025.08.04 20:37
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
Gold steadies as US Dollar stabilizes, dovish Fed bets rise after soft NFP report
Gold (XAU/USD) kicks off the week on a cautious note, trading flat on Monday, as the US Dollar (USD) stabilizes in the aftermath of Friday's disappointing Nonfarm Payrolls (NFP) report.
New
2025.08.04 21:20USD/CNH: Any decline might not be able to reach 7.1750 - UOB Group
US Dollar (USD) could edge lower against Chinese Yen (CNH), but any decline might not be able to reach 7.1750. In the longer run, USD appears to have moved into a 7.1600/7.2240 range trading phase, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.08.04 20:59USD/JPY: Sharp drop in USD has scope to extend - UOB Group
Further US Dollar (USD) weakness seems likely against Japanese Yen (JPY); it remains to be seen whether it can reach 146.60. In the longer run, sharp drop in USD has scope to extend, but any decline may not break below 145.80, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.08.04 20:55USD/CAD remains pinned below 1.3800 with hopes of Fed cuts limiting upside attempts
The Canadian Dollar keeps most of the ground it gained on Friday as the US Dollar Index fell about 0.8% as US employment data revealed that job growth increased much less than expected, and data from previous months was revised sharply lower.July's US Nonfarm Payrolls report crushed the view of a re
New
2025.08.04 20:52NZD/USD: Any advance is likely part of a higher range of 0.5885/0.5935 - UOB Group
Scope for New Zealand Dollar (NZD) to rise further, but any advance is likely part of a higher range of 0.5885/0.5935. In the longer run, slowdown in momentum indicates that the odds of NZD reaching 0.5845 are low, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.08.04 20:45China: Playbook to reflate the economy - Standard Chartered
Protracted price decline in China has increased the risk of deflation mindset becoming entrenched. Policy makers have stepped up efforts to expand effective demand; zero rate and QE not on the agenda.
New
2025.08.04 20:42AUD/USD: Likely to trade in a sideways range of 0.6430/0.6495 - UOB Group
Australian Dollar (AUD) is likely to trade in a sideways range of 0.6430/0.6495. In the longer run, downward momentum is slowing; a breach of 0.6520 would indicate that AUD is not breaking below 0.6405.
New
2025.08.04 20:39USD recovery remains fragile as tariffs and economic risks mount - BBH
US Dollar (USD) and Treasury yields are steady just above Friday's lows while US equity futures point to a modest rebound. Any USD recovery looks fragile in our view, and the broader downtrend should reassert itself, BBH FX analysts report.
New
2025.08.04 20:37Global PMIs: July decline led by the US - Standard Chartered
Broad-based contraction across sectors in July; all sub-indices were lower than in June. Sharp decline in the US dragged down the aggregate amid reduced tariff-related inventory building.
New
2025.08.04 20:34Full broadside against the USD - Commerzbank
For all those who thought it wouldn't turn out so badly and had recently traded the dollar stronger for it, Friday brought a rude awakening: The latest US jobs report showed that employment growth has dramatically slowed down.
New
2025.08.04 20:27Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
