ING Comments on Australian Dollar After Central Bank Cuts Rates as Expected
BY MT Newswires | ECONOMIC | 08/12/25 08:10 AM EDT08:10 AM EDT, 08/12/2025 (MT Newswires) -- The Reserve Bank of Australia cut rates by 25bps to 3.60% overnight Monday, as widely expected, said ING.
The Australian dollar (AUD) was slightly weaker, with markets interpreting the RBA's downward revisions to inflation and growth as a dovish signal, noted the bank.
However, Governor Michele Bullock kept forward guidance open-ended and data-dependent.
Given already aggressive easing expectations, ING remains "constructive" on AUD over the coming months.
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