AUDUSD in focus The RBA have repeated their willingness to keep easing after the latest minutes make a clear case for another rate cut in 2019. The RBA will consider further policy easing if needed to support growth and inflation targets. Read the full statement here. The current probability of a November rate cut is
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Nasdaq stocks lead the charge The major US indices are trading to new session highs with the Nasdaq leading the way. There is about 15 minutes left in trading. The snap shot is showin: S&P index +6.72 points or 0.22% at 3004.69 NASDAQ index up 27.7 points or 0.34% at 8181.13 Dow industrial average up
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Comments by ECB governing council member, Francois Villeroy de Galhau Brexit remains bad news but banking supervisors are ready for no-deal Brexit ForexLive He’s speaking in London about banking and the financial system mostly, so I wouldn’t expect much else in terms of monetary policy and the economy. As for the headline comment, it’s kind
Latest economic forecasts released by SECO – 17 September 2019 2020 GDP growth forecast 1.7% (unchanged) 2019 inflation forecast 0.5% (previously 0.6%) 2020 inflation forecast 0.4% (previously 0.6%) ForexLive The prior (June) forecasts can be found here. The government says that the economic outlook has become “gloomier” with the franc’s appreciation in recent months hampering
The momentum indicator has gained traction as a reliable Forex and stock market indicator that can produce surprisingly accurate buy and sell signals. In this video you will find out: • Best indicator for day trading the Forex and stock market – Momentum Indicator • What are the most effective trading strategies used by professional
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ECB chief economist, Philip Lane, speaks in London ECB mandate for price stability is unconditional Incoming information signals more extended slowdown in Eurozone growth dynamics This slowdown is mainly due to external developments Forward guidance is a very powerful instrument, remains our principal tool The case for monetary policy response was clear ECB can do