Slipping into recession in 2020 – Standard Chartered
Fundamental Forex Analysis

Will continue to do what is necessary to support the economy

Speaking to the National Press Club on Tuesday, Australian Treasurer Josh Frydenberg said that his government will continue to do what is necessary to support the economy. Additional comments Have already comm...

UK annualized CPI meets estimates with +1.7% in Feb, GBP/USD unfazed
Fundamental Forex Analysis

Will continue to acknowledge ‘technical’ recessions in calendar quarter GDP

UK Office For National Statistics (ONS) said in a statement on Monday, it will explore the benefits of publishing confidence intervals around the latest estimates of calendar quarter GDP. It will continue to ac...

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Forex News

Will continue to do what was necessary to achieve the three-year yield target

The Reserve Bank of Australia has published the minutes of its April policy meeting. Casting minds back o the April statement, the RBA’s comfort to taper its bond purchases lifted AUD significantly higher...

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Forex News

Dollar’s decline likely to continue despite risk-averse environment

Here is what you need to know on Monday, March 30th: The coronavirus pandemic keeps taking its toll on the world’s economies. As one-third of the global population is in lockdown, most of them, extending measu...

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Forex News

Slump may continue amid markets in panic mode

The AUD/USD pair is down for an eighth consecutive day, and at levels not seen since early 2003 while extremely oversold are being ignored, as NDDFX’s Valeria Bednarik notes. Key quotes “Market players continue...

RBA to keep rates unchanged but downgrade growth forecasts
Forex News

We continue to expect further cuts, with 25bp reductions in April – Westpac

Analysts at Westpac note the forthcoming Reserve Bank of Australia meeting. Key notes Feb 4, Last: 0.75%, WBC f/c: 0.75%Mkt f/c: 0.75%, Range: 0.50% to 0.75%. The RBA left the cash rate on hold at its Decemb...