Blog

Trading Insights from Stuart McPhee
September 23, 2015

AUD/USD Drifts Below 0.71 After Resistance from 0.72

The Australian dollar has tumbled below US71c in offshore trade as a broad commodities sell-off afflicted the local currency. At 7am (AEST), the unit is trading […]
September 23, 2015

Australia’s Challenge to Have “Soft Landing” from Housing Boom

Australia’s housing boom has peaked, with the challenge now to pull off a ‘soft landing’, investment bank Morgan Stanley says as it predicts further interest rates […]
September 22, 2015

IMF: Australia Hit Hardest by Slowing China Investment

Australia will be the worst-hit advanced economy from slowing Chinese investment growth, according to International Monetary Fund research. Only Iran, Kazakhstan, Saudi Arabia, Zambia and Chile […]
September 22, 2015

AUD/USD Struggles with Resistance at 0.72 as ASX200 Needs 5000

AUD/USD The Australian dollar continues to struggle with the current key level of 72 cents as it has been pushed away again by a glut of […]