Stuart McPhee

Australian private trader for more than 20 years, author, trading coach, licensed adviser and regular speaker at major trading events all around the world. Graduate of RMC Duntroon and former Australian Army Officer.

AUD/USD Meets Resistance Around 0.7650 Again – Market Update

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 …

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AUD/USD Drops to 0.75 as RBA Cuts to Record Low of 1.5%

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 »