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.

UBS: Australian Dollar Could Hit US80 cents

The Australian dollar is widely tipped to remain under pressure this year, but a leading fund manager warns investors risk missing a possible sharp rebound in the currency, which could lead to a rally towards US80¢ as global interest rates remain stuck at record low levels. David Sokulsky, UBS Wealth Management head of investment strategy, …

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RBA Remains Cautiously Optimistic on Economy

Australia’s central bank saw signs economic activity was rebalancing toward sectors outside of the struggling mining industry when it decided to keep interest rates steady at its October policy meeting. Minutes of the Reserve Bank of Australia’s (RBA) meeting showed board members believed economic growth had picked up in the third quarter after temporary factors …

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