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11 Aug 2017

RBA’s Lowe indicates readiness to intervene in FX markets in extreme situations

Comments from RBA’s Lowe on the exchange rate and FX markets are crossing the wires –

We are prepared to intervene in the AUD/FX markets in extreme situations
We are not prepared to intervene at the moment

Aug 11, 2017

RBA’ Lowe jawbones AUD/USD to 3-1/2 week low

AUD/USD fell to a 3-1/2 week low of 0.7840 after RBA Governor Lowe said a weaker AUD would help Australia reach full employment more quickly. Risk-o

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Aug 11, 2017

EUR/JPY has breached the rising trend line from April lows, what’s next?

EUR/JPY has breached the trend line sloping upwards from the low of 114.85 [April low], thus confirm a bearish trend reversal on the daily chart. Foc

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