This week was busy with the European Central Bank, Reserve Bank of Australia, and Bank of Canada all meeting. One interesting point to note was a comment from RBA’s Governor…
The Reserve Bank of Australia has now switched to a meeting-by-meeting basis in a copy of the Fed’s move in July. The key phrase was that the RBA is ‘not…
The AUD has reasons for strength right now. Firstly, China is moving towards a looser policy stance with the PBoC expected to cut rates again and China’s Gov’t affirming their…
The RBA was expected to keep rates unchanged at this week’s meeting and they did maintain the 0.10% target. These were our expectations here. However, the RBA are now at…
AUDJPY is a pair that could be about to register decent gains over the coming weeks for the following reasons: Australian dollar shorts look very stale. Last year Australia’s economy…
The Bank of Japan made an important move last week when it made clear that it will not be joining the rest of the world’s central banks by hiking rates.…