• The Friday Forex Takeaway – Episode 21

    Key points from this week RBNZ sounds more upbeat At the bank’s February meeting the RBNZ kept rates on hold as expected. However, the bank’s outlook and assessment was a little more upbeat than many were anticipating, seeing NZD trading firmly higher in reaction. The bank noted the risks from corona-virus though said that it […]

  • The Investment Bank Outlook 03-02-2020

    In our Investment Bank Outlook each week, we bring you a selection of perspectives from leading investment banks to outline the key issues and directional views for the week ahead. These excerpts, taken from research notes, will cover issues such as key market themes, economic releases, as well as any major trends and levels to […]

  • The Friday Forex Takeaway – Episode 19

    Key Points This Week Corona-virus Spread Intensifies The corona-virus outbreak, which began in China around a fortnight ago, has continued to spread this week with cases now confirmed in the US and on mainland Europe. So far, nearly 200 people have died from the virus which has infected around 8000 people (confirmed). The World Health […]

  • Worst Performing Currencies 2019

    Australian Dollar -4.63% At just short of 5% down on the year against USD, the Australian Dollar takes home the crown for worst performing currency in the G10 space. Over the course of the year, the Australian Dollar was hard hit by the breakdown in US-Sino trade talks which put a great deal of pressure […]

  • The Friday Forex Takeaway – Episode 12

    Key Points From This Week Mixed US Data The first set of headline US data disappointed this week with both the ISM Manufacturing & Non-Manufacturing readings coming in short of market forecasts. The manufacturing reading was particularly worrying, showing that the US factory sector remain in contractionary territory for a fourth consecutive month over November. […]

  • The Friday Forex Takeaway – Episode 11

    Key Points From This Week US-Sino Trade Deal Expectations Rise Again Investors had their expectations for a US-Sino trade deal bolstered once again this week as further comments from President Trump added encouragement. Trump noted that the US and China were in the “final throes” of a deal. The market now expects that the phase-one […]

  • The Friday Forex Takeaway – Episode 10

    Key Points from This Week FOMC Meeting Minutes The minutes of the October FOMC meeting were interesting given that the tone of discussions was more dovish than the market was expecting. Policymakers noted that risks to the US economy remain elevated and while most supported the decision to keep rates on hold now, the potential […]

  • RBA Cuts Rates To New Record Lows

    RBA Cuts Rates Further The Reserve Bank of Australia lowered its headline interest rate by a further 25 basis points overnight. The official cash rate in Australia now stands at a record low of .050%. The reduction was well signalled and follows recent comments from governor Lowe explaining the likely need for further monetary easing. […]

  • The Friday Forex Takeaway – Episode 2

    Key Points from This Week Over the week, GBP has been the weakest performing G10 currency, dragged down by continued Brexit uncertainty and a tumultuous domestic political landscape. On the other hand, JPY was the strongest performer over the week in which most currencies lost against USD. UK Supreme Court Ruled Against Johnson UK Supreme […]

  • Key Factors to Watch in AUD Crosses

    We’ve had some important developments in the fundamental backdrop for AUD recently that are worth discussing. These developments are particularly evident in the price action of AUDNZD and AUDJPY. Rate Movements Driving AUDNZD So, looking at AUDNZD we’ve seen a large move higher recently in the wake of the RBNZ unexpectedly cutting rate by .5% […]

  • RBA Governor Says Further Rate Cuts Likely

    In his semi-annual testimony before Australian parliament yesterday, RBA governor Lowe told law-makers that he stands ready to reduce interest rates further if necessary. However, Lowe tempered his message saying that the Australian economy is likely through the worst of the slowdown. Lowe’s comments came as the bank released its quarterly statement on monetary policy […]

  • RBA Keeps Rate On Hold But Cuts Growth Forecasts

    Rates Remain At Record Lows At its August meeting, held overnight, the RBA bucked expectations for further easing by keeping rates on hold, at record lows of 1%. Following reductions at both the June and July meetings, the market had anticipated a pause. However, traders are still looking for further cuts this year, with current […]

  • China is firing warning shots

    The Chinese government will respond “in the same proportion” if the US continues to aggravate the situation in mutual trade.

  • Is the RBA too optimistic?

    The Reserve Bank of Australia left interest rate unchanged at the meeting on Tuesday resisting the rally of AUD as well as on the signs of a slowdown in the real estate market.

  • Market overview – a challenge for the RBA, trade wars and the policy of the Bank of Japan

    Real estate is the main driver of consumer demand in Australia and the recent fears of a possible bubble in the market created pressure for the Reserve Bank of Australia.