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Trading Insights from Stuart McPhee
January 7, 2016

Thanks to China, AUD/USD Now Eyeing Support at 0.70

AUD/USD The Australian dollar has fallen sharply overnight as concerns grow over China’s economic outlook. The PBOC setting the currency’s reference rate at a weak level […]
January 5, 2016

AUD/USD Remains Supported by 0.72, For Now …

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 […]
January 4, 2016

RBA Seems Content with Australian Dollar, For Now …

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 […]
December 15, 2015

RBA Minutes: “still evidence of spare capacity in the economy”

Australia’s central bank said low interest rates are supporting household spending and a weaker exchange rate is aiding local firms, even as it reiterated that a […]