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 surges to 0.7370 as RBA Seems Content

Australia left its key interest rate unchanged and omitted a reference to the need for the local dollar to fall further. The currency jumped more than half a U.S. cent in response.  Central bank Governor Glenn Stevens and his board kept the cash rate at a record-low 2 percent, as predicted by markets and economists …

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Record Low Rental Yields May Impact Australian Property

One of the key factors powering Australia’s stellar home price boom is set to slow dramatically, economists warn—a change that could finally see the country’s seemingly endless run of property price appreciation take a well-needed pause. Speculative investors are a major force in Australia’s red-hot property market, helping push the value of residential property half …

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