RBA Governor Philip Lowe told a parliamentary committee that it is “too early” to conclude that inflation is “sustainably in the target range”. He added, “in underlying terms, inflation has just reached the midpoint of the target band for the first time in over seven years”. The board is “prepared to be patient” and “we […]
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BoE Deputy Governor Clare Lombardelli reinforced the case for a “gradual and careful” approach to policy easing in a speech today. She noted underlying inflation “have continued to fall” despite noises. Monetary policy is still Read more…
Dollar surges sharply alongside strong gains in US equity futures, following the official confirmation of a major breakthrough in trade talks between the US and China. Both sides have agreed to suspend most of the Read more…
AUD/USD is attempting a fresh increase from the 0.6370 support. NZD/USD is also rising and could aim for a move above the 0.5945 resistance. Important Takeaways for AUD/USD and NZD/USD Analysis Today The Aussie Dollar Read more…