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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 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 2, 2015

AUD/USD to 0.7650 after RBA Sits at 2%

Australia’s central bank kept interest rates steady at a record low 2.0 percent, in line with analysts’ expectations, but the Australian dollar still pushed higher. All […]
May 28, 2015

AUD/USD Drops Below 0.77 as Australian Capex Falls 4.4%

Australian business investment fell by 4.4 per cent in the March quarter, worst than economists’ forecasts of a 2.4 per cent fall. The closely-watched figures, released […]