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Trading Insights from Stuart McPhee
May 5, 2015

As Widely Expected, RBA Lowers Cash Rate 0.25% to Record Low 2%

The Reserve Bank of Australia (RBA) decided on Tuesday to lower the cash rate by 25 basis points to a record low 2 per cent, effective […]
May 5, 2015

AUD/USD Remains Steady Around 0.7850 as RBA Decision Looms

Australia’s dollar held its longest losing streak in a month as investors bet the central bank will decide to cut interest rates that are already at […]
May 4, 2015

Resilient AUD/USD is No Friend of RBA

Traders and economists are the most united they’ve been this year that central bank Governor Glenn Stevens needs to cut rates Tuesday in the face of […]
May 4, 2015

RBA Decision Likely to be a Close Call

The Reserve Bank of Australia’s (RBA) decision may come down to the wire at its monetary policy meeting Tuesday, as economists eye an interest rate cut […]