RBA Stevens: Interest rates not holding back the economy

FXStreet (Bali) - Headlines from Reserve Bank of Australia head Glen Stevens are still crossing the wires, this time as part of the Q&A comments, noting that Australia does not have a budget crisis, adding that he does not think the low level of interest rates are holding back the economy.

Mar 20, 2015

RBA Stevens: Firms and households less optimistic, struggling with miming boom trnasition

Reserve Bank of Australia Governor Stevens is crossing the wires, speaking in front of the American Chamber of Commerce in Australia, noting that the transition from mining boom is not as seamless as he would like, with business and consumer confidence getting less optimistic.

AUD/USD bounces above 0.7680 on RBA Stevens

AUD/USD extended overnight gains and jumped to fresh highs in the mid-Asian session, after Reserve Bank of Australia (RBA) Governor Stevens pro-AID comments pushed it higher against the greenback.