New Zealand Unemployment and Inflation Debate Intensifies Ahead of 2026 Election 
BOJ Hawk Signals Faster Interest Rate Hikes Amid Inflation Risks 
ECB Set to Raise Interest Rates as Energy Shock Fuels Eurozone Inflation Concerns 
South Korea Signals Possible Interest Rate Hike as Inflation Remains Elevated 
Indonesia Central Bank to Draft New Regulations After Expanded Economic Growth Mandate 
Supreme Court Backs Lisa Cook, Defends Federal Reserve Independence Against Trump Firing Attempt 
China Sets 1.25% Overnight Reverse Repo Rate Below Market Expectations 
RBA Expected to Hold Interest Rates at 4.35% as Markets Watch AUD/USD and ASX 200 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
BOJ Raises Interest Rates to 1% as Inflation Pressures Persist 
Malaysia Central Bank Moves to Support Ringgit Amid Foreign Fund Outflows 
ECB Keeps July Rate Options Open Amid Iran War Energy Price Risks 
RBA published the minutes of its August monetary policy today. It has reiterated that it is “unlikely that the cash rate target would be cut in the short term.” The minutes also stated that “not possible to either rule in or rule out” further interest rate changes. The central bank mentioned that an immediate hike is possible only if inflation increases materially.
It also suggested that keeping the cash rate steady “for an extended period” is good to drag the inflation down to target within a reasonable time frame.
Major resistance- 0.6800
Near-term resistance - 0.6750
Minor support- 0.6640,0.6600
Trend reversal level- 0.6560
