OctaFX | OctaFX Forex Broker
Open trading account
Back

AUD should resume its recovery - ANZ

The AUD should resume its recovery as the RBA’s language continues to signal diminishing downside risks to the economy, according to analysts at ANZ.

Key Quotes

 “Despite some recent disappointment, domestic momentum remains solid and labour market conditions are improving at a strong pace. As such, we continue to think that the RBA’s language will evolve in a way that ultimately prepares the market for rate hikes next year. In its SoMP, the RBA will now publish point estimates rather than ranges. This will remove some continuity, but the market will look through that and see that the RBA remains broadly comfortable with the current state of the economy.”

JPY: Still the best vehicle to play US tax reform - ING

Away from the US tax reform and generally positive US data, the focus this week will be Trump's trip to Asia and will have an impact on the direction
Read more Previous

GBP futures: rebounds stay tepid

In light of Friday’s advanced data for GBP futures markets provided by CME Group, traders scaled back their open interest positions by nearly 9.7K con
Read more Next
Start livechat