More: RBA lifts cash rate to 4.85% in split 6-3 vote, sees inflation above 3% until late 2027
For the Australian dollar, the hike delivers little that was not already priced. Markets had assigned an 85% chance to the move, and around one and a half increases by mid-2027 were priced before the meeting. The three-member dissent and the absence of an explicit tightening bias
AUD/USD — All Desk Targets
| Firm | Stance | YE 2026 |
|---|---|---|
Rabobank | Bullish | 0.7200 |
ING | Bullish | 0.7100 |
MUFG | Bullish | 0.7000 |
All 24 desk targets for AUD/USD
Desk synthesis pending
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