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RBA Stevens: Open to using macroprudential tools

FXStreet (Bali) - Glenn Stevens, Governor of the RBA, speaking in the Melbourne Economic Forum, said that one area of concern is investor housing finance growth, reiterating, as noted in Wed's RBA financial stability report, that they are open on the use of macroprudential tools.

EUR/USD heading towards 2013 lows at 1.2745 on Draghi's comments

EUR/USD is on the backfoot as it dipped towards current Asian low at 1.2765 after having opened at 1.2780; the pair is vulnerable to a further move lower as there are no sights that bears are exhausted.
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AUD/USD mellows on the back of kiwi demise

AUD/USD crashed to the Asian low at 0.8817 after having opened at 0.8882; the pair is under selling pressure in Asia due to knock on effect from kiwi demise.
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