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Trading Insights from Stuart McPhee
June 3, 2015

Australia Q1 GDP up 2.3% However Concerns Remain

Australia’s economy expanded 2.3 percent in the first quarter from the year-ago period, beating forecasts and pushing up the currency, but some were concerned about the […]
June 3, 2015

Many Expect RBA to Sit for a While

Interest rates are expected to remain on hold for several months as the Reserve Bank keeps a close eye on a slowing economy, though the next […]
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 […]