Could the RBA send the AUDUSD back to GFC levels?

Market News & Analysis The AUDUSD continues its migration south, due to multiple reasons at the current time. Trade War, USD strength and the RBA are all putting pressure on the AUD. Today’s RBA minutes gave traders no reason to doubt possible future rate...

ASX200 & AUD higher as focus moves to RBA rate decision

Market News & Analysis High-impact economic news:2:30 pm AUD Cash Rate 40% expect cut to 1.25% – RBA Rate Statement Today’s RBA rate decision is now the focus after better than expected retail sales data helped maintain gains on the AUD and ASX200....

AUD setting up for new move lower to USD and Yen?

Market News & Analysis The AUD currently sits in a bearish position, data has not been helping the AUD of late with CPI coming in last week way below expectations. Eyes have moved the RBA not for if they’ll cut rates but when. Westpac advised yesterday they...

AUD falls victim to RBA; Oil hits a new high

Market News & Analysis High-impact economic news: 11:30 AUD Retail Sales m/m 11:30 AUD Trade Balance 12:45 CNY Caixin Services PMI 19:30 GBP Services PMI 23:15 USD ADP Non-Farm Employment Change The AUD has fallen victim to the Reserve Bank of Australia, dropping...

US markets closed; oil continues to rally

Market News & Analysis Upcoming high impact economic news:11:30 AUD RBA Monetary Policy minutes20:30 GBP Average Earnings Index 3m/y20:30 GBP Unemployment Rate21:00 EUR German ZEW Economic Sentiment Australian shares are set to open slightly lower with the SPI...