Australia RBA Interest Rate Decision in line with forecasts (1.5%)

Mar 7, 2017

EUR/JPY rebounds from 5-DMA

EUR/JPY found takers at the 5-DMA level of 120.47 and jumped to a high of 120.66 in Asia. The cross dropped from 121.13 to 120.34 on Monday as the ri

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Mar 7, 2017

As widely expected, the RBA has decided to keep its interest rate unchanged at 1.5%, with the policy statement keeping a neutral bias. The RBA noted:

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