RBA Statement of Monetary Policy: GDP forecasts slashed substantially

In its quarterly Statement of Monetary Policy (SoMP), the Reserve Bank of Australia (RBA) made a substantial downward revision to its growth forecasts.

Feb 8, 2019

USD/JPY: Bears in control below 110.16 fractal and swing highs

USD/JPY has been, for the most part, tucked in below the 110 handle with breaks through the figure faded. Wall Street wobbled overnight in a risk-o

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Feb 8, 2019

AUD/USD slips to five-week low after RBA's SoMP revised lower GDP forecasts

Reserve Bank of Australia's decision to revise lower the growth and inflation forecasts isn't boding well for the Aussie dollar. The AUD/USD pair drop

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