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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

RBA Coy About Future Moves

Australia left its key interest rate unchanged at a record low and was coy about whether further cuts would be needed to boost growth, sending the […]
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 […]