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Trading Insights from Stuart McPhee
June 16, 2015

RBA Still Desires Lower Australian Dollar

Australia’s central bank reiterated the need for deeper currency declines to balance economic growth that’s predicted to remain below average until the latter part of 2016.  […]
June 16, 2015

RBA Minutes: RBA to Keep Close Eye in Coming Months

The Reserve Bank will keep a close watch on the economy in the coming months to assess whether more interest rate cuts are needed, as economic […]
June 4, 2015

Australian Trade Deficit at Record Levels as Retail Sales Weaken

Australian retail sales stagnated and the nation’s trade deficit blew out to a record in April, in a challenge to a central bank trying to spur […]
June 4, 2015

AUD/USD Drops Below 0.7750 after Retail Sales and Trade Data

The Australian dollar fell half a US cent after the release of disappointing retail spending figures.  Retail spending was unchanged in April, The Australian Bureau of […]