AUD/USD The Australian dollar hasn’t started the new week well falling sharply to below 72 US cents, however yet again this key level kicked in and provided the A$ ample support. This level has been significant for the last several months and continues to play a role. The question will be how much it can …
You can tell Reserve Bank of Australia governor Glenn Stevens is happy with how far the Australian dollar fell in 2015 by his silence. For years a serial user of the “jawbone” technique of talking down the Aussie, Mr Stevens has been conspicuously quiet on the domestic currency for the last four months, despite its …
RBA Seems Content with Australian Dollar, For Now … Read More »
I appeared on Channel News Asia again this morning at 6:20am SGT, via Skype. My questions and my responses in the form of brief notes are below: Q1. Oil prices rebounded slightly after hitting financial crisis lows overnight. Will prices stabilize or do you expect further sell-off? It is not unusual to see periods of …
I was interviewed by Keith De Souza on 938Live radio in Singapore, as part of The Breakfast Club on their Morning Agenda program. The interview went for around 22 minutes. I found it a lot more relaxing than being on TV as I felt like I was just having a casual chat with someone. …
