Gold Research
Australian Dollar: RBA keeps door open – Rabobank
Rabobank's Senior Macro Strategist Bas van Geffen reports that the Australian Dollar (AUD) slipped briefly after the RBA left its policy rate unchanged, as markets interpreted the statement and downgraded growth and inflation forecasts as dovish.
Rabobank's Senior Macro Strategist Bas van Geffen reports that the Australian Dollar (AUD) slipped briefly after the RBA left its policy rate unchanged, as markets interpreted the statement and downgraded growth and inflation forecasts as dovish.
Gold impact rationale
Rising rate-cut or dovish expectations reduce gold's opportunity cost.
- Source: FXStreet news
- 2026-08-11
- rates
- price_action
Topics: gold news, gold price impact, rates, price_action