Forex Analysis
Eye-Opener: Greece fuelled risk-on move
Reduced concerns about Greece fuelled yesterday a risk-on move in Europe and the US.
AUD/USD Analysis
The pair started in Sydney near $0.7800 this morning after overnight markets witnessed
EUR/USD Analysis
The pair started in Sydney this morning at $1.1475 after a volatile overnight session
USD/JPY Analysis
The pair opened at Y117.57 this morning and got a modest boost from early in the session,
The Global Macro Pulse
AUD plunged 1.8% to 0.767 after the RBA delivered its first rate cut following an 18-month pause.
Eye-Opener: Unprecedented Danish interventions, Scandi yields fall, Scandi FX diverge
Equities are down a bit in Asia after another data disappointment from the US.
RBA cuts cash rate to a record low of 2.25%
The RBA cut the cash rate by 25bps to a record low of 2.25%.
