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Aussie extends this week's recovery as RBA governor Glenn Stevens hinted that the central bank will stand pat in December. Stevens said yesterday that "we've got Christmas. We should just chill out,...
Australian dollar drops sharply in Asian session after release of consumer inflation data. Headline CPI rose 0.5% qoq, 1.5% yoy in Q3, below expectation of 0.7% qoq, 1.8% yoy. The year-over-year rate...
Australian dollar remains steady in tight range in Asian session after RBA minutes. The minutes for August 4 meeting noted that " an accommodative monetary policy setting remained appropriate given...
Asian equities are generally lower in a new week, following last week's selloff in US. Sentiments are weighed down over slowdown in China's economy and investors are cautious ahead of FOMC meeting....
New Zealand dollar recovers mildly today after RBNZ cut OCR by 25bps to 3.00%. Some analysts attributed the bounce to the perception that RBNZ wasn't as dovish as expected. A 25bps cut should be fully...