Market News

There have been significant outflows from the Greek banking system….The Inside Track

There have been significant outflows from the Greek banking system in recent days, which will likely give rise to a requirement to draw on the ECB’s Emergency Liquidity Assistance... » Read more

There is little domestic data this week…The Inside Track

There is little domestic data this week with RBA Assistant Governor Debelle speaking and the last meeting minutes due tomorrow.  » Read more

AUD pairs are trading within the established ranges of the last 6 months…The Inside Track

Most AUD pairs are currently trading within the now established ranges of the last six months. The market’s uncertainty over the future monetary policy of many central banks is keeping... » Read more

RBA leave official rate unchanged at 2.00%

From statement: Inflation consistent with target 1-2 years Monetary policy needs to be accommodative Household spending improved Large rise in dwelling construction Economy growing but below trend Further AUD depreciation likely/necessary » Read more

There is a huge amount on the data calendar this week…The Inside Track

There is a huge amount on the data calendar this week so we could be in for a volatile one! The Greenback’s rally stalled at month end, as US... » Read more

Janet Yellen’s comments have brought expectations…The Inside Track

Janet Yellen’s comments have brought expectations for interest hikes back into 2015 and trigger bids for the Greenback that look like continuing in the sessions ahead. » Read more

Market Update – AUD/USD Trend Break, Risks For Further Moves Lower

In overnight trade the AUD/USD exchange rate has broken through trend line support and now looks set to make further losses towards 0.7700 in the sessions ahead. » Read more

The currency market was rather indifferent to Joe Hockey’s…The Inside Track

The currency market was rather indifferent to Joe Hockey’s second budget and the AUD was largely unaffected. » Read more

Aussie Joins Kiwi in Rally Big Enough to Make Central Banks Weep

Bloomberg - The Australian and New Zealand dollars strengthened for a third day, defying efforts by policy makers to keep the currencies down. The Aussie touched a four-month high and... » Read more

Australian dollar to hold its ground until the Fed increases rates

AFR - The Australian dollar hovered around the US79¢ mark on Monday, continuing to trade above the levels recorded before last week's rate cut by the Reserve Bank of Australia, as global... » Read more