Insights 22/9/2011 – Derek Mumford

Forex: EUR/JPY back above 104.00 on Greek optimism After printing fresh 10-year lows below 1.0370 on Wednesday, the European single currency is on the rebound against its Japanese ... » Read more

RBA still concerned about medium term inflation in September Minutes

The RBA released the minutes of the September 6th Board meeting where they kept rates on hold at 4.75%, at 11.30am AEST today. The pertinent points were: - RBA cited... » Read more

Bloomberg 16/9/2011-Thomas Averill

Dollar Gains on Speculation Consumer Confidence Climbed From Two-Year Low The dollar strengthened against most of its peers before a report today that may show consumer confidence rebounded from its... » Read more

RBNZ keeps rates on hold at 2.50%

The RBNZ have left interest rates on hold at 2.50% today, surprising some in the market who had been expecting a reversal of the post earthquake emergency cut. However,... » Read more

San Francisco Chronicle 15/9/2011 – Thomas Averill

Euro Set for Weekly Gain as ECB Plan Eases Banks' Funding Woes The euro was set for its first weekly gain against the yen in three weeks on prospects... » Read more

Bloomberg 8/9/2011 – Thomas Averill

Dollar Gains Before Obama’s Jobs Speech; Euro Slumps on ECB Rate Outlook The dollar strengthened versus the euro and yen before President Barack Obama unveils proposals to spur job growth... » Read more

Aussie GDP jumps in Q2 2011

The Australian Bureau of Statistics released second quarter 2011 GDP at 11.30am AEST today. GDP for Q2 rose by 1.2%, better than the 0.9% expected. The annualised figure came out at... » Read more

RBA leaves rates on hold again in September

At its Monetary Policy meeting today, the RBA kept rates on hold at 4.75%. The key points in the accompanying statement were: -  Prudent to maintain current policy - Global financial... » Read more

The Australian 6/9/2011 – Derek Mumford

The Australian dollar fell on Tuesday but showed some resilience to stay above 105 US cents, amid jitters over European sovereign debt and weaker than expected local... » Read more 6/9/2011 – Derek Mumford

At 1700 AEST, the Australian dollar was at 105.39 US cents, down from Monday's close at 105.71 US cents. During the day, the local unit moved between a low of... » Read more