Analisi Fondamentale

Good morning, The Reserve Bank of Australia cut their base Interest Rate from 2.5% to 2.25% overnight. AUDUSD fell to 0.7636, a level not seen since May 2009. The Reserve Bank of Australia is the thirteenth central bank this year to cut rates. The Kiwi followed suit dropping to 0.7196 US cents, ahead of the[...]

Good morning, Chinese Manufacturing Purchasing Managers’ Index figures came out slightly below expectations; out at 49.8 when a reading of 50.3 had been expected. Their HSBC Final Manufacturing PMI figures also out slightly below expectations. Japanese Manufacturing PMI out at 52.2 with 52.1 expected. USDJPY trading at 117.57 The Australian Interest Rate decision is due[...]

Good morning, Asian markets saw the AUDUSD fall to 2009 levels this week with a low of 0.7720 with some analysts expecting the Reserve Bank of Australia to cut rates in the early stages of next week. Japanese Housing Starts fell by 14.7% slightly less than the -14.8% that had been expected. USDJPY trading at[...]