RBA Interest Rate Decision | What’s on the Cards?

It’s time to prepare for the upcoming RBA Interest Rate Decision. Australia has managed to keep their new daily Coronavirus cases in the double digits and under since September 2020.

Whilst this is seen as a positive, and the economy has had a strong recovery, they’re still not back to pre-covid levels of economic growth. Large institutions will be closely monitoring the central bank.

The RBA last changed interest rates on the 3rd November  2020, when they dropped from 0.25% to 0.1%.

The consensus is the central bank will keep rates at the same level.

Interest Rate Decisions always carry the potential for colossal volatility spikes and should be considered a hazardous time to trade.

Do you trade central bank interest rate decisions?

If you plan to trade The RBA Interest Rate Decision, Tweet us how you plan to trade safe!
Brought to you by Darwinex: UK FCA Regulated Broker, Asset Manager & Trader Exchange where Traders can legally attract Investor Capital and charge Performance Fees.
Risk disclosure:
Content Disclaimer: The contents of this video (and all other videos by the presenter) are for educational purposes only, and are not to be construed as financial and/or investment advice.
0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *