We’ve had some important developments in the fundamental backdrop for AUD recently that are worth discussing. These developments are particularly evident in the price action of AUDNZD and AUDJPY.Rate...
RBA Governor Says Further Rate Cuts Likely
In his semi-annual testimony before Australian parliament yesterday, RBA governor Lowe told law-makers that he stands ready to reduce interest rates further if necessary. However, Lowe tempered his...
RBA Keeps Rate On Hold But Cuts Growth Forecasts
Rates Remain At Record LowsAt its August meeting, held overnight, the RBA bucked expectations for further easing by keeping rates on hold, at record lows of 1%. Following reductions at both...
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