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Daily Archives: November 7, 2017

FxWirePro: AUD/USD bears resume after engulfing pattern, shooting star propels major downtrend – tunnel spreads to leverage trade yields and short hedge

AUD/USD bears resume after engulfing pattern, shooting star propels major downtrend – tunnel spreads to leverage trade yields and short hedge From last two weeks, AUDUSD trend has been drifting through non-directional mode. Bearish engulfing patterns has occurred at 0.7646 levels to signal weakness. The stiff resistance is observed at …

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Statement by Philip Lowe, Governor: Monetary Policy Decision, by Philip Lowe

Statement by Philip Lowe, Governor: Monetary Policy Decision     At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. Conditions in the global economy are continuing to improve. Labour markets have tightened and further above-trend growth is expected in a number of advanced economies, …

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