InterestRateDecision ECB in 14h 57m
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RBA Interest Rate Decision, April 2025

The Reserve Bank of Australia held the cash rate target at 4.10% on April 1, 2025, as expected.

Decision4.10%■ hold
Against expectedAs expectedexpected 4.10%
Previous4.10%cash rate target
AUD/USD one hour later +1.1 pips from the last price before
The result

What the RBA decided in April 2025

The move Hold Held at 4.10%.
Against expected No surprise Economists expected: hold at 4.10%. The decision was as expected.
Timing 2:30 PM Sydney Tuesday, April 1, 2025; press conference at 3:30 PM Sydney.
What price did

AUD/USD after the RBA decision, minute by minute

One-minute candles, Sydney time. The box is the hour before the announcement. How we measure.

AUD/USD one-minute chart around the Reserve Bank of Australia decision of Apr 1, 2025 The hour before the 14:30 announcement ranged 4.4 pips. The first spike went above it by 9.0 pips, and a five-minute candle closed back inside after 10 minutes. 0.6245 0.6250 0.6255 0.6260 0.6265 0.6270 13:30 14:00 14:30 15:00 15:30 16:00 THE HOUR BEFORE RBA 14:30 PRESS CONF. Spike 0.62641 · 9.0 pips past the hour's high Closed back inside · 10 min
  1. The hour beforeAUD/USD ranged 4.4 pips, from 0.62507 to 0.62551, and was at 0.62520 at the announcement.
  2. The first spike After 0 minutes price went through the hour's high and ran 9.0 pips past it.
  3. The close back A five-minute candle closed back inside the range after 10 minutes.
  4. The other side Price then traded through the opposite edge of the range within four hours.
  5. The moves From the last price before the announcement: +4.5 pips at 15 minutes, +1.1 pips at one hour, −6.3 pips at four hours.
For context

Across 14 measured RBA decisions since January 2025, the first spike closed back inside the hour-before range within 60 minutes in 8 (57%), and in 7 of those price then took the other side within four hours. In the other 6 the first move held. Median move in the first 15 minutes: 20 pips.

This decision is one of the closed-back cases. Counts include the decisions where it did not close back. All RBA dates · RBA overview.

Questions

RBA April 2025 decision: questions

What time was the RBA interest rate decision on Apr 1, 2025?

It was announced at 2:30 PM Sydney (11:30 PM EDT New York, 4:30 AM London London), with the press conference at 3:30 PM Sydney.

What did the RBA decide in April 2025?

Held at 4.10% (previous 4.10%). Economists expected: hold at 4.10%, so the decision was as expected.

How did AUD/USD react to the RBA decision in April 2025?

On one-minute candles: the hour before ranged 4.4 pips; the first spike went above it by 9.0 pips; a five-minute candle closed back inside after 10 minutes; after one hour AUD/USD was +1.1 pips from its pre-announcement price.

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