The post February rate hike justified, inflation risks persist appeared on BitcoinEthereumNews.com. The Reserve Bank of Australia (RBA) Governor Michelle BullockThe post February rate hike justified, inflation risks persist appeared on BitcoinEthereumNews.com. The Reserve Bank of Australia (RBA) Governor Michelle Bullock

February rate hike justified, inflation risks persist

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The Reserve Bank of Australia (RBA) Governor Michelle Bullock crossed the wires on Tuesday March 3 and she was hawkish. Bullock said that data justified February’s rate hike and that Middle East conflict adds to uncertainty.

Key takeaways:

Australian Dollar Price Today

The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies today. Australian Dollar was the strongest against the Swiss Franc.

USDEURGBPJPYCADAUDNZDCHF
USD1.13%0.53%0.80%0.26%0.39%0.99%1.36%
EUR-1.13%-0.59%-0.33%-0.85%-0.73%-0.13%0.24%
GBP-0.53%0.59%0.23%-0.27%-0.15%0.45%0.82%
JPY-0.80%0.33%-0.23%-0.50%-0.43%0.20%0.63%
CAD-0.26%0.85%0.27%0.50%0.08%0.69%1.26%
AUD-0.39%0.73%0.15%0.43%-0.08%0.55%1.03%
NZD-0.99%0.13%-0.45%-0.20%-0.69%-0.55%0.41%
CHF-1.36%-0.24%-0.82%-0.63%-1.26%-1.03%-0.41%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Australian Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent AUD (base)/USD (quote).

Source: https://www.fxstreet.com/news/rbas-bullock-february-rate-hike-justified-middle-east-conflict-adds-uncertainty-202603022202

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