The Reserve Bank of Australia (RBA) is widely expected to maintain the Official Cash Rate (OCR) at 3.6% after its November monetary policy meeting on Tuesday. The decision will be announced at 03:30 GMT.
💡 DMK Insight
The RBA’s likely decision to hold the OCR at 3.6% is crucial for traders focused on the Australian dollar and interest rate-sensitive assets. With inflation pressures still a concern, maintaining the rate signals the RBA’s cautious approach, which could impact AUD/USD trading strategies. If the RBA surprises the market with a hike or cut, expect volatility in forex pairs, particularly those involving the AUD. Traders should watch for any accompanying commentary that might hint at future rate adjustments, as this could influence market sentiment and positioning. Keep an eye on the 0.63 level for AUD/USD; a break below could signal bearish momentum, while a rally above 0.65 might indicate renewed bullish interest. The timing of this announcement aligns with broader economic indicators, making it a pivotal moment for both day traders and longer-term investors looking to adjust their positions based on central bank signals.
📮 Takeaway
Watch the RBA’s OCR announcement at 03:30 GMT; a surprise move could shift AUD/USD significantly around the 0.63 and 0.65 levels.






