During the Asian morning, we got the RBA meeting minutes, which did not result in major surprises, but the falling Australian housing prices are something that could worry the Bank in the future. Mark Carney is set to deliver a testimony of the UK inflation report before the Parliament’s Treasury Committee.
No-Surprise RBA Meeting Minutes, But Housing is a Concern
During the Asian morning today, we received the RBA meeting minutes, which did not affect the Australian dollar performance in any way, as mentioned in our Strategic Report yesterday. We remember that at the last...
EUR/AUD – Technical Outlook
Finally, yesterday, the common currency has showed us some strength against its Australian counterpart. After a prolonged decline, EUR/AUD reversed back up and broke some key resistance levels, signalling that the pair could be...
During the Asian morning, EUR/AUD made another push higher, where it found resistance near the 1.5745 level, which now will be heavily monitored. If the pair breaks above that level, this could be a...
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