To this end, AUD/USD rates continue to gain traction through the descending trendline from the October 2013 and January 2018 highs, with bullish momentum firming up: rates are above the daily 5-, 8-, 13-, and 21-EMA; daily MACD is trending higher in bullish territory; and Slow Stochastics have reached overbought territory. But as the commentary from RBA Governor Lowe would suggest, the central bank is not ready to move rates into negative territory, making any further rate cuts unlikely; the pricing may be a quirk due to the shape of the Australian bond yield curve. FX Publications Inc (dba DailyFX) is registered with the Commodities Futures Trading Commission as a Guaranteed Introducing Broker and is a member of the National Futures Association (ID# 0517400). Enhancing QE, however, may not derail the Australian Dollar.AUD/USD rates may have lost their uptrend from the March coronavirus pandemic low, but the nascent head and shoulders pattern has been busted. 2020-09-01 06:11:00 2020-09-01 03:00:00 We use a range of cookies to give you the best possible browsing experience. 2020-09-01 20:05:00 Traits of Successful Traders Gold Price Forecast Remains Encouraging on Ever-Expanding Stimulus
FTSE 100 Technical Analysis: Rolling Over, May Sell Off Soon
The number of traders net-long is 37.23% higher than yesterday and 21.83% lower from last week, while the number of traders net-short is 0.46% lower than yesterday and 19.51% higher from last week.We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests AUD/USD prices may continue to rise.Positioning is less net-short than yesterday but more net-short from last week. Its annual GDP and inflation forecasts for the year to June 2020 were cut from 3.25 and 2.25 per cent to 2.75 and 2.0 per cent respectively. 2020-08-31 19:12:00 No entries matching your query were found. The cash rate is actually the interest rate charged on overnight loans between banks. 2020-09-01 14:45:00 Get Your Free AUD Forecast Germany 30: 0.24% First up: the September RBA meeting on Tuesday, the first day of the month.RBA Enacting Yield Curve Control, Rates to Stay on Hold, which isn’t a surprise: the RBA has already dropped its main overnight interest to an all-time low of 0.25%, implemented its own quantitative easing (QE) program, and forward guidance to keep the three-year bond yield at 0.25% for the next three yearsRESERVE BANK OF AUSTRALIA INTEREST RATE EXPECTATIONS (TABLE 1) (AUGUST 31, 2020)According to Australia overnight index swaps, there is a 51% chance of a 25-bps rate cut at the September RBA meeting. Recommended by Christopher Vecchio, CFA France 40: 0.10% 2020-09-01 19:16:00 Registered Address: 32 Old Slip, Suite 803; New York, NY 10005. 2020-09-01 09:30:00 "A lagged response to rising housing prices and a period of low building activity means that dwelling investment would be stronger in the medium term than currently expected. Is the RBA interest rate going to hit 0% in 2020?
View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/NWrDo0A0exThe US Dollar has moved down to test a big zone of support to kick of September trade. FX Publications Inc is a subsidiary of IG US Holdings, Inc (a company registered in Delaware under number 4456365) Get your #Nasdaq market update from @PeterHanksFX here: https://t.co/oE9WyIOM1m https://t.co/auEceNvbLIIG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.80%, while traders in US 500 are at opposite extremes with 75.47%. "The RBA has cut the cash rate three times since June to a record low 0.75 per cent in a bid to counter to softening economic conditions.Ms Auld said the RBA members' reference to "other options" during its October board meeting suggested the bank was prepared to move towards unconventional monetary policies - such as quantitative easing - sooner than expected.There has been no change to the outlook for the unemployment rate out to June 2021.Opposition Treasury spokesman Jim Chalmers said Friday's statement was another sign of a Government which has dithered while the economy has deteriorated.