According to @business, Reserve Bank Deputy Governor Andrew Hauser said Australia’s monetary policy faces an unusual challenge. Source: @business Traders commonly monitor central bank language as a cue for positioning in AUD currency pairs, Australia government bond yields, and ASX financials because monetary policy transmits through interest rates and the exchange rate to asset prices. Source: Reserve Bank of Australia public materials on how monetary policy works Given the rising co-movement between crypto and equities during macro policy shocks, crypto majors such as BTC and ETH can see higher short-term volatility when policy uncertainty is elevated. Source: IMF Global Financial Stability Report, October 2022

According to Crypto Rover, the Reserve Bank of Australia has confirmed the existence of fake gold bars at the Bank of England. This revelation may encourage investors to shift their focus towards Bitcoin as a more secure asset. Traders should monitor potential impacts on gold and Bitcoin markets closely.