AUD/USD surges through 0.93 after RBA decision before returning to previous range around 0.9280
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RBA: On present indications, the most prudent course is likely to be a period of stability in interest rates
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RBA: Inflation is expected to be consistent with the 2–3 % target over the next two years
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At its meeting today, the RBA decided to leave the cash rate unchanged at 2.5%
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Driven by a fall in mining exports, AU’s trade surplus has narrowed down to $731 million in March, down from a surplus of $1.257b in Feb
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Australian Bonds in Demand
Australian bonds are generating the strongest demand in three years on speculation the central bank ...
USD/CNY down below 6.1550 as Weakness Seen Overdone
China’s yuan advanced, extending its rebound from an 18-month low, on speculation declines that ma...
AUD/NZD below 1.0680 after Trade Data
Australia’s dollar touched a one-month low against its New Zealand counterpart ahead of the Reserv...
A fall in mining exports has seen AU’s trade surplus narrow in March, coming in well below analyst expectations
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Asian Equities Quiet before RBA
Asian stocks eked out slim gains on Tuesday in holiday-thinned trade with markets in South Korea, Ho...
West Tx Oil below $100 on Expectations of Rising Oil Inventories
U.S. crude held steady below $100 a barrel in early Asian trading on Tuesday, as expectations of ris...
Gold near $1310 as Ukraine Helps Safe Havens
Gold was trading near its highest in three weeks on Tuesday, holding gains from the last two session...
U.S. Dollar Subdued
The dollar was subdued in Asia on Tuesday, holding largely around where it began this week after an ...
EURUSD steady around 1.3875, AUDUSD rallies back to 0.9280, GBPUSD steady at 1.6870, USDJPY at 102.15, gold at 1309
Content is for general information purposes only. It is not investment advice or a solution to buy o...
GBP/USD – Little Movement in Thin Holiday Trade
It’s been a quiet start to the week, as GBP/USD trades in the mid-1.68 range in Monday’s...
US ISM Survey Rises in April
Growth in the U.S. services sector accelerated in April, rising at the fastest pace in eight months ...
Oil Rises On Ukraine Despite Chinese Weak Data
The price of oil climbed above $100 a barrel Monday as escalating tensions in Ukraine outweighed a f...
Gold Rises After Ukraine Weekend Turmoil
Gold jumped to the highest level in almost three weeks, extending its biggest advance in a month, as...
India’s FinMin Says Growth Will be 6 Percent in 2014
India’s economic growth will pick up to 6 percent in the current financial year, said Finance ...
BOJ Governor Confident the Sales Tax Hike Effect Will be Contained
The impact of a hike in consumption tax on Japan’s economy hasn’t been as bad as feared,...