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Trading Insights from Stuart McPhee
May 5, 2015

RBA Cites Weak Growth Outlook in Cutting Cash Rate to 2%

Australia cut interest rates to a fresh record low in response to a weak economic outlook and to discourage further strengthening in the currency.  Governor Glenn […]
May 5, 2015

As Widely Expected, RBA Lowers Cash Rate 0.25% to Record Low 2%

The Reserve Bank of Australia (RBA) decided on Tuesday to lower the cash rate by 25 basis points to a record low 2 per cent, effective […]
May 5, 2015

AUD/USD Remains Steady Around 0.7850 as RBA Decision Looms

Australia’s dollar held its longest losing streak in a month as investors bet the central bank will decide to cut interest rates that are already at […]
May 4, 2015

Resilient AUD/USD is No Friend of RBA

Traders and economists are the most united they’ve been this year that central bank Governor Glenn Stevens needs to cut rates Tuesday in the face of […]