OctaFX | OctaFX Forex Broker
登录
开通账户
Back

Lower for longer in Oz

FXStreet (Edinburgh) - Morten Helt, Senior Analyst at Danske Bank, assessed the recent release of the RBA minutes.

Key Quotes

“In the minutes from its August 5 meeting, released this morning, Reserve Bank of Australia, RBA, reiterated that interest rates are set to remain on hold at a record low level of 2.5%”.

“Although the RBA acknowledged a significant uncertainty around its growth forecast, the minutes were a bit hawkish relative to market’s expectations, which was pricing in some chance of a rate cut within the coming 12 months and the Australian dollar has strengthened against all G10 currencies overnight”.

EUR/USD slid below 1.3450 and is ready to go on

EUR/USD opened the day at 1.3363, and continued to edge lower reaching 1.3344 by the moment.
了解更多 Previous

GBP/USD feels uncomfortable at current levels, 1.67 is endangered

GBP/USD opened the day at 1.6726, spent Asian trades in very tight range, and ticked lower to 1.6703 at the European open.
了解更多 Next
开始在线聊天