rba

Key Notes: Australia AIG services index 49.7 vs. 50.2 previously Australia trade balance -1.32bn vs. -0.98bn RBA cash rate 2% as expected Spain unemployment change -118.9k vs. -64.8k UK Construction PMI 54.2 vs. 57.6 EU…
Read More

The Reserve Bank of Australia, in its policy setting meeting today decided to cut interest rates by 2%. Today's policy decision see's the RBA cut rates by 25bps from 2.25% previously, bringing the overnight cash rate to 2%. In its…
Read More

The RBA meets on Tuesday, the 5th of May 2015 for its policy setting meeting. In all likelihood, this policy meeting could turn out to be a very close call once again. The consensus has been inclined towards a rate cut at this meeting, a…
Read More

The US Dollar saw a roller coaster ride last week as with most of the currency pairs. However, towards the end of the week, the Greenback managed to regain some of its lost ground, while the previously gaining currencies such as the Aussie…
Read More

A weaker Yen this week The Japanese Yen paused in its strong rally seen since early January as the currency weakened across the board. There was no major economic data to support the Yen’s weakness this week although data was mostly…
Read More

The last few days were not busy with macroeconomic events, but still the market had reasons not to remain steady.
Read More

Key Notes: RBA meeting minutes released Germany ZEW economic sentiment 53.3 vs. 55.6 Eurozone ZEW economic sentiment 64.8 vs. 63.7 Later: Canada Wholesale sales Canada budget release With no major events scheduled during…
Read More

The markets instantly reacted to the speech and the above comments with the Australian Dollar falling sharply across the board.
Read More

The Forex daily summary for 20 April features New Zealand CPI, Germany PPI, UK Rightmove HPI and Japan Tertiary industry activity m/m.
Read More

Weekly Forex Forecast for 20-24 April 2015 features Australia quarterly inflation, Eurogroup Meeting and Calm week for the Greenback.
Read More