Market Update – 21st July 2020 – AUD Continues To Edge Higher As Economy Opens Up

Please note that the commentary below is factual information provided to a group of readers as a web blog, and where an opinion is expressed by the author, it is GENERAL ADVICE only. AUD Edges Higher: The Aussie Dollar has inched higher over the past week, surpassing 0.7000 vs. the Greenback for the second or third time since early June. …

7th July 2020: RBA Announcement Cash Rate – held at 0.25%

Statement by Philip Lowe, Governor: Monetary Policy Decision At its meeting today, the Board decided to maintain the current policy settings, including the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points.

Market Update – 30th June 2020 – FY2020 To Close With An Equities Rebound & Powell

Please note that the commentary below is factual information provided to a group of readers as a web blog, and where an opinion is expressed by the author, it is GENERAL ADVICE only. AUD Holds Ground: The AUD has spent the last four weeks consolidating following a rally that could only be called epic, between late March and the end …

2nd June 2020: RBA Announcement Cash Rate – held at 0.25%

Statement by Philip Lowe, Governor: Monetary Policy Decision At its meeting today, the Board decided to maintain the current policy settings, including the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points.

Market Update – 2nd June 2020 – AUD Surges As Protests Erupt Across America

Please note that the commentary below is factual information provided to a group of readers as a web blog, and where an opinion is expressed by the author, it is GENERAL ADVICE only. AUD moves higher with stocks: U.S and European stocks mostly gained overnight, while the AUD continued its march higher gaining around 1% over the past 24 hours …