I received quite a few responses from my post last week, especially the comment about the number of all time highs and lows to be found within the top 500. This is a simple scan I conduct a few times a month and it does provide a different look at the market. Therefore, I have …
First my apologies for not sending you a market update last week. I was in Jakarta conducting some presentations for Indonesia’s largest FX broker and spent Friday afternoon and night flying home. I have also just returned home today from presenting for the ATAA in Perth last night – I always enjoy speaking over there …
RBA Cuts Again The RBA cut the official cash rate again to a record low of 1.5%. Read more … AUD/USD After dropping back below 0.75 within minutes of the RBA cutting rates again on Tuesday, the Australian dollar has since rallied higher to within reach of a three month high above the current resistance …
AUD/USD Meets Resistance Around 0.7650 Again – Market Update Read More »
The Reserve Bank of Australia (RBA) cut its benchmark interest rate by 25 basis points on Tuesday to a fresh record low of 1.50 percent amid signs of slowing economic growth. The move was widely expected, with 36 out of 47 economists surveyed by Reuters expecting a rate cut. “The global economy is continuing to …
AUD/USD Drops to 0.75 as RBA Cuts to Record Low of 1.5% Read More »
