High: Low:
| Spread | 3 | Spread (%) | 0.04% |
|---|---|---|---|
| Overnight funding - Buy | -0.0239% | Overnight funding - Sell | -0.0035% |
| Initial margin | 5.00% | Maintenance margin | 2.50% |
| Leverage | 1:20 | Expires daily | No |
| Futures Contract | June 2023 | ||
| Automatic rollover | |||
| Name | Sell | Sell button / Change | Buy | Change Change | Change Change | Change Change | |||
|---|---|---|---|---|---|---|---|---|---|
| {{item.Name}} | {{item.SellPrice}} | Sell | Buy | {{item.ChangePercentText}} | Trade | ||||
Natural Gas price caps announced by Australia’s government last Friday have producer firms concerned that future investment and exports could be negatively impacted.
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Today, the Reserve Bank of Australia raised interest rates by 50 basis points, while the Bank of Japan is staying dovish. Uncertainty regarding monetary policies and inflation across Asia may have been the cause for mixed trading results on major Asian Indices today.
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The Aussie dollar’s fortunes have been tied to the virus and its disruption of the post-pandemic recovery. Will the country’s central bank support the currency or continue with its policy to keep it weak?
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