wrapper

Wednesday, 17 February 2016
News

Aussie little changed in a quiet overnight trade

There were no data releases from Australia this morning with Aussie being little changed. In a statement on Thursday 11, to the House of Representatives Standing Committee on Economics, Governor Glen Stevens commented on the current economic situation, more or less reiterating the stock RBA stance. The bank has a marginal bias towards easing, due to continued subdued inflation expectations, and stagnant wage growth reflected in labor costs which have changed little in four years.
Read more...
Tuesday, 16 February 2016
News

RBA says low inflation may provide scope for easier monetary policy

Australia’s central bank said record-low interest rates are underpinning consumer spending and house building while a lower currency is improving firms’ competitiveness. “Members noted that recent domestic data had, on balance, been positive and judged that there were reasonable prospects for growth to increase gradually over the forecast period,” the Reserve Bank of Australia said Tuesday in minutes of its Feb. 2 policy meeting when rates were left unchanged at 2 percent.
Read more...
Tuesday, 02 February 2016
News

RBA left interest rates unchanged

The Reserve Bank of Australia held its cash rate at a record low 2% Tuesday as expected on Tuesday, signalling scope for easier policy if future economic data warrants such a move. In a statement, the RBA said the Australian economy was getting better. “The expansion in the non-mining parts of the economy strengthened during 2015… Surveys of business conditions moved to above average levels, employment growth picked up and the unemployment rate declined in the second half of the year, even though measured GDP growth was below average.”
Read more...
Monday, 21 December 2015
News

Stevens no longer opting for weaker Aussie

There were no major data releases from Australia this morning. The Australian dollar was offered support in Friday's offshore trade from gains in commodities, excluding oil, and the generally softer U.S. dollar which fell in line with U.S. stocks, National Australia Bank global co-head of FX strategy Ray Attrill said in his morning note. Read more...

About Us

Forex Web News is part of Rolling Capital Network providing financial consulting.

Within the Forex Web News we provide our readers with expert and timely technical analyses, fundamental analyses and news; with one aim – for our readers to make best possible financial decisions.

Forex Web News desks and analysis department follow the international markets closely and create high quality proprietary content on a both daily and weekly basis.

.

All our analysts have several years of trading and analysis experience. The Forex Web News analysis team creates daily and weekly analyses and offer forecasts regarding where they believe the markets are heading. Our readers are provided with data displayed both in texts and on graphs, providing them the fullest understanding of what is happening in the market place.

We are constantly growing our news desks and our analysis departments as we strive to broaden the content we provide to visitors of the Forex Web News.

Disclaimer

Rolling-capital.com – The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate. All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. rolling-capital.com bears no responsibility for any trading losses you might incur as a result of using any data within the Forex Web News.

Copyright © 2024 Forex web news - Daily news, forecasts, analysis and charts for active Forex traders. All Rights Reserved. Designed by Ampelos