19 years in trading
As expected, the Reserve Bank of Australia decided to stay with cash rate at 1.5%. Here is the full statement of Governor Philip Lowe and Monetary policy decision: At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. There has been a broad-based pick-up in the global economy since last year. Labour markets
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As expected, the RBA hold key interest rates at 1.5%. Here is the RBA Governor Lowe’s statement, full text: At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. Conditions in the global economy have improved over recent months. Both global trade and industrial production have picked up. Labour markets have tightened in many countries. Above-trend
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As expected the Reserve Bank of Australia didn’t change the rates with unanimous decision. Full Governor Lowe’s monetary policy statement here 04:30 h (London time) RBA Interest Rate Decision > Previous 1.5%, Current 1.5%
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The Reserve Bank of Australia on Tuesday cut the cash rate to a record low of 1.75 percent in a bid to head off falling prices and an economic slowdown. The first in a year came less than a week after a shock drop in core inflation, to well below the central bank’s 2 percent to 3 percent target. Most economists expect
Read moreThe AUD is wating for the interest rate decision tonight. The market expectation is that, the Reserve Bank of Australia will stay with rates at 2%. What will be important is the Govenor Glenn Stevens statement. What he wants is for AUD to stay low, that’s for sure. Recent AUD’s fall gives boost to the economy and govenor will try
Read moreI have allready pointed at this pair potential at my analysis from January 29. and January 30. After RBA cut rates early in the morning by 25 bps, from 2,5 to 2,25%, euro rises sharply vs aussie and pushed the pair from 1.4485 to 1.4855, which is previous resistance from begining of January. Very nice daily gain here, let’s follow what
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