The week ahead is slow with only a few major events lined up. The Reserve Bank of Australia and the U.S. Federal Reserve will be releasing the meeting minutes during this week which will provide further clues on the upcoming policy decisions. Among the economic indicators, Germany’s Ifo business climate data will be released during the week, and...

2017-02-20 John Benjamin Read more
Yellen_FOMC_Fed

The Australian dollar was the weakest currency last week as the AUD gave up the gains logged earlier in the week after posting a weekly high to 0.7749. Following the AUD was the US dollar which continued to post steady declines for two straight weeks. With diminishing prospects of a rate hike for September the markets continues to bet against th...

2016-08-22 John Benjamin Read more