AUD/USD Jumps After RBA Hikes Rates 25 Basis Points, as Expected

The move itself was priced in, so the reaction says more about positioning than surprise: a hike delivered as expected still lifted AUD/USD, implying the market was leaning the other way into the decision. The signal worth noting is the RBA's explicit openness to further tightening, which keeps the rate path live rather than terminal. For RWA and crypto markets, the read-through is the familiar one — a hawkish-leaning central bank supports the currency and can weigh on risk appetite. Whether that conditional guidance hardens into another hike is the open question.