When is the Fed interest rate decision and how could it affect EUR/USD?
Forex News

When is the Fed interest rate decision and how could it affect EUR/USD?

The Federal Reserve (Fed) will announce its decision on monetary policy today at 18:00 GMT.  Chairman Jerome Powell will read a statement and hold a press conference at 18:30 GMT.  Key notes The Fed is expected...

Westpac lowers variable interest rates by 0.25% per annum after RBA rate cut
Forex News

Westpac lowers variable interest rates by 0.25% per annum after RBA rate cut

Following the 25-bps rate cut announcement by the Reserve Bank of Australia (RBA), Westpac, the local bank, was quick to pass on the benefit to their customers. Westpac slashed its variable interest rates by 0....

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Forex News

When is the RBA Interest Rate Decision and how could it affect AUD/USD?

RBA overview The Reserve Bank of Australia (RBA) is all set to announce the first full reaction to the coronavirus (COVID-19) at 3:30 am GMT on Tuesday. Although the central bank is widely anticipated not to an...

AUD/USD ?????????? ??? 0.7000
Forex News

AUD/USD drops to fresh 11-year low as China’s PBOC cuts interest rate

AUD/USD slumps as the rate cut at the largest customer worry the Aussie traders. Aussie unemployment rate disappointed earlier, risk-tone remains mildly positive considering Chinese diplomats’ efforts. Coronavi...

AUD/USD ???????????? ?????? 0.6870
Forex News

AUD/USD rallies 30+ pips following no change in RBA Interest Rate

AUD/USD extends recovery from multi-month lows. Global equities, bonds portray risk reset despite spreading coronavirus contagion. Second-tier data from the US can offer intermediate moves, risk catalysts to di...

Aussie cheers risk-on as China coronavirus fears ebb, eyes on Fed interest rate decision
Fundamental Forex Analysis

Aussie cheers risk-on as China coronavirus fears ebb, eyes on Fed interest rate decision

The risk rebound theme extended well into Asia this Wednesday, as investors placed their concerns about China coronavirus’s potential economic impact on the back burner and cheered the upbeat US and Austr...