The Reserve Bank of Australia maintained its cash rate target at 4.75% for a third month, matching expectations. The Australian Dollar- which was rallying prior to the monetary policy decision- continued higher, holding just below parity versus the U.S. Dollar. Read ALL

Market participants expect manufacturing in the world’s largest economy to expand at a faster pace in January, and the rise in production could lead the U.S. dollar to recoup the losses from earlier this month as the outlook for future growth improves. Read ALL

The Reserve Bank of Australia is widely expected to keep their key overnight lending rate unchanged at 4.75 percent for the month of February. In light of the region recovering from its recent flood which was the worst on record, the central bank will keep borrowing costs unchanged to allow ...

Market participants expect manufacturing in the world’s largest economy to expand at a faster pace in January, and the rise in production could lead the U.S. dollar to recoup the losses from earlier this month as the outlook for future growth improves. Read ALL

The Reserve Bank of Australia is widely expected to keep their key overnight lending rate unchanged at 4.75 percent for the month of February. In light of the region recovering from its recent flood which was the worst on record, the central bank will keep borrowing costs unchanged to allow ...