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.

Live TV Appearance On Sky Business – talking ASX200 Index and AUD/USD

Today I was in Sydney and interviewed by Leanne Jones on Trading Day, Sky Business channel on the Australian market.  Specifically the ASX200 index, the Australian dollar (AUD/USD), and US and China’s impact on Australia.   I was asked about the recent declines in the ASX200 index and AUD/USD and its current significant levels. The …

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AUD/USD’s Decline May Assist in Avoiding Recession

After nearly a quarter century of economic growth, the Reserve Bank of Australia is again counting on the currency’s drop to keep a recession at bay without the need for interest-rate cuts. The Australian dollar is at US70.43¢ in midafternoon trade in New York. According to Bloomberg data, the Aussie slid as low as US69.82¢ …

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RBA’s Case Supported by AUD/USD Falling to 0.7015

Australia’s central bank is counting on support from a lower ­currency together with a strengthening US economy and overall low interest rates globally to cushion Australia from a worsening slowdown in China and expected US interest rate ­increases even as global sharemarkets remain volatile after ­suffering their worst sell-off in years. The Reserve Bank of …

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