The market moved

+3.5ppin 24h · now 85¢

Will the Reserve Bank of Australia make no change to the target for the cash rate after the June Meeting?

Other · resolves Jun 16 · vol $15.00

Why

Probability rose modestly up to 85¢ (toward YES) over the last 24 hours, a 3.5pp shift. Resolution depends on to the change in the target for the cash rate resulting from the reserve bank of australia monetary policy board’s june — directional traders may be reading new information from that source.

What to verify

  • Cross-check the resolution source: to the change in the target for the cash rate resulting from the Reserve Bank of Australia Monetary Policy Board’s June — https://www.rba.gov.au/schedules-events/board-meeting-schedules.html.
  • Read recent whale flow on Orrery's market page — $5k+ trades show up alongside the move so you can tell if size is following the price or fading it.
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+3.5pp · Will the Reserve Bank of Australia make no change to the target for the cash rate after the June Meeting? | Orrery