The Australian central bank's top dog may have broken central bankers' seemingly unshakable code of avoiding comments on where interest rates are headed.» Read More
Australian data on Monday showed a flat month for retail sales, lackluster labor demand and tame inflation, a combination that only added to expectations for a cut in interest rates this week.
Jeremy Hook, Investment Director at TMS Capital, says he sees potential for the RBA to ease policy further and expects a 25 basis point rate cut in December.
A significant increase in the pace of foreign currency accumulation at the Reserve Bank of Australia (RBA) over the past three months has attracted plenty of comment and analysis, even though it amounts to a mere blip in the country’s foreign exchange flows.
David Forrester, Senior Vice President of G10 FX Strategy at Macquarie, suggests selling the euro against the dollar on rallies back towards the 1.30 level as Greek financing talks will likely have limited impact.
Australia's central bank may be selling the Aussie dollar, but that doesn't mean investors should follow suit.
Adrian Foster, Head of Financial Markets Research, Asia Pacific at Rabobank, explains why he recommends buying the euro on dips despite the bloc's woes.
The Reserve Bank of Australia (RBA) passed on the opportunity to cut interest rates at a policy meeting on Tuesday, but weakening economic conditions could force its hand next month, economists tell CNBC.
The prospect of lower interest rates often means one thing in financial markets– a weaker currency. But that does not appear to be the case with the Australian dollar, which is expected to stay strong even as the nation’s central bank looks set to cut interest rates again this week.
Peter Whitley, Senior FX Analyst at Thomson Reuters, says Greece remains a risk factor and could steal attention away from the U.S. elections and China's leadership transition this week.
A Bank of Japan meeting looms and Australia's central bank pushes back — it's time for your FX Fix.
Campbell Dawson, Portfolio Manager at Elstree Investment Management, says he sees headwinds for the Australian banking sector in the near term due to the impact of the mining slowdown
Penny Wong, Australia's Minister for Finance & Deregulation tells CNBC why the government has moved to maintain a budget surplus. She adds that the strategy will give room for the RBA to move on rates.
Greg Gibbs, Senior Currency Strategist at RBS, says investors should price in a rate cut for the Aussie.
If you're on the hunt for a very short-term currency trade, this strategist has just the thing.
Wayne Swan, Deputy Prime Minister & Treasurer of Australia says that recent indicators reflect Australia's strong economic fundamentals.
Australian employment rose by more than expected in September but unemployment also jumped to the highest in over two years as more people looked for work, a mixed report that should not challenge market expectations for more cuts in interest rates.
Campbell Dawson, Director of Elstree Investment Management says more interest rate cuts and a falling Australian dollar should give the equity market a boost.
The “new China” is poised to become a knowledge economy, where growth stems from the innovation and ingenuity of its workers, rather than the brawn that powered the country’s export-led manufacturing transformation, according to Jim O’Neill, chairman at Goldman Sachs Asset Management.
The specter of further rate cuts from Australia’s central bank has taken the wind out of the sails of a robust Australian dollar, which hit a one-month low on Tuesday. Yet the commodity currency is unlikely to go into free-fall and its losses should be limited to 3 percent this year, experts say.
Jim O'Neill, chairman at Goldman Sachs Asset Management, tells CNBC "We are in the early stages of China going to a quality China as opposed to quantity and the winners and losers are going to be pretty different."