AUD/USD Steady Around 0.76 after RBA Sits Again

Australia’s central bank held interest rates steady for a 10th straight policy meeting on Tuesday, citing evidence of continued growth at home despite an unhelpful rise in the local dollar. Bucking the worldwide charge toward negative rates, the Reserve Bank of Australia (RBA) kept its cash rate at 2 percent in a widely expected decision. …

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RBA Expected to Sit Despite Stronger A$

Economists expect the Reserve Bank of Australia to keep interest rates on hold this week, but some are still expecting a rate cut on federal budget day in May if rates stay on hold in the United States. A Fairfax Media survey of 12 senior bank and market economists found they were unanimous that the …

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ASX Sector Analysis – Materials and Energy Bucking the Trend

The Materials and Energy sectors have been the surprise sectors in the last three months and have bucked the general down trend in the latest ASX Sector Analysis for the week beginning 4 April 2016. The ASX Sector Analysis is conducted over three time frames – the last 3 months, 6 months and 12 months.  …

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