AUD/USD to Fall as Rates Drop
AUD USD Live Trading News Macro Charts
Australia’s central bank is weighing further interest rate cuts, though higher-than-expected inflation and improvements in the global economy underpinned its decision to keep rates steady earlier this month.
“Further easing may be appropriate in the period ahead,” the Reserve Bank of Australia, or RBA, said in the minutes of its 6 November board meeting, published Tuesday.
The central bank earlier this month kept its benchmark lending rate steady at 3.25% after Australian consumer prices rose more strongly than expected in the third quarter and as “more positive” news emerged from the US and China, the resource-rich nation’s biggest trading partner.
The decision surprised most economists. Financial markets are currently pricing in around a 60% chance of another quarter of a percentage point cut in December.
The RBA has lowered its cash rate target by 1.5% over the last year as a mining investment boom that has powered growth in recent years has lost steam on sharp falls in the price of industrial commodities.
In Tuesday’s minutes, the central bank said the effects of earlier interest rate cuts were “continuing to work their way through the economy”.
AUD USD Live Trading News Macro Charts
Related Articles
UK: British central bank keeps Key rates at record low
August 6th, 2010
Reserve Bank of Australia leaves rates unchanged
October 5th, 2010
AUD Interest Rates May Fall
October 18th, 2011
European Stocks, U.S. Futures Drop; Metals Fall, Euro Advances
April 21st, 2009
Brazil, Low Interest Rates to Stay USD/BRL
November 5th, 2012
Stocks fall on euro worry, tech drop
January 30th, 2010
More News
HeffCap Global Offshore Dividend Focused CFD Fund, great protection in the current economic environment
Managing investments in equities requires time, knowledge, experience and constant monitoring of stock markets. Those who need an expert to help manage their investments, portfolio management services (PMS) comes as an answer.
The business of portfolio management has never been an easy one. Juggling the limited choices at hand with the twin requirements of adequate safety and sizable returns is a task fraught with complexities.
Given the unpredictable nature of the share market, it requires solid experience and strong research to make the right decision. In the end it boils down to making the right move in the right direction at the right time. That's where the expert comes in.
HCM has decades of experience in providing portfolio Management services, where we help you understand the way into the market
When you invest your hard earned money, it is imperative to know all about your investments. We help you to take those steps forward towards Informed Investments - a consultative and transparent method of investing. With our portfolio management services you are always consulted and informed of all investment decisions, thus giving you total control of your portfolio.
Linda Johnson,
Business Development Director – Private Client Group,
Heffernan Capital Management
Sales@Heffcap.com
Singapore
3 Raffles Place #07-01
Bharat Building Singapore 048617
Tel: +65 6329 6408
Fax: +65 6329 9699
Heffernan Capital Management
Linda Johnson,
Business Development Director – Private Client Group,
Sales@Heffcap.com
Singapore
3 Raffles Place #07-01
Bharat Building Singapore 048617
Tel: +65 6329 6408
Fax: +65 6329 9699
Paul A. Ebeling, Jnr.
Paul A. Ebeling, Jnr. writes and publishes The Red Roadmaster’s Technical Report on the US Major Market Indices, a weekly, highly-regarded financial market letter, read by opinion makers, business leaders and organizations around the world.
Paul A. Ebeling, Jnr has studied the global financial and stock markets since 1984, following a successful business career that included investment banking, and market and business analysis. He is a specialist in equities/commodities, and an accomplished chart reader who advises technicians with regard to Major Indices Resistance/Support Levels.
1 of 6
China Economy in for a Shock
Thursday’s PMI revived investor worries about whether China can sustain an economic revival this year, after annual growth slumped to a 13-year trough in 2012. China’s factory output and investment performance for April released earlier …
CommentaryInvestor Services
Portfolio Management Services
Protect against inflation and currency shifts.
What is Portfolio Management?
Managing investments in equities requires time,
…
UAE Economy Seeing a Spring Boom
HBC
Driven by stable high Crude Oil prices, tourism, diversification and a liberal trade policy, the United Arab Emirates (UAE) witnesses an unprecedented …
Commodities; Crude Oil ends the Week 2.3% Lower, Nat Gas Gains 4.4%
Jul Crude Oil lifted off its session low of 93.04 set moments after floor trade …
The Hot List
Roulette, The Devil’s Game
All of the numbers on a Roulette Wheel add up to 666, hence, that is why roulette is referred to as “The Devil’s Game.”
Roulette …
shoutbox
Guest: bztg, come on shane, lite this puppy up. been waiting too long lets go!!!
Tue, 04/30/13 | 0 Comment
1034 
104 
Guest: gsat get it now. if u snooze u lose
Fri, 04/19/13 | 0 Comment
1413
147
