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DislikedOne view on RBA rates ... Source: https://www.forexlive.com/centralban...today-20190507 {image}Ignored
NAB expects an easing bias to be confirmed, and they add that while not expecting a cut today they do see an 'appreciable risk' due to weak inflation.
DislikedOne more ... with a take on RBNZ rates ... Source: https://www.forexlive.com/centralban...xpect-20190506 {image}Ignored
I bolded that bit - a very strong against consensus call from ASB indeed.
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I'll have more to come on both the RBNZ and RBA this week.
DislikedI found this article for you: Why The RBA May Not Cut Interest Rates For the full story: http://www.investing.com/analysis/wh...ates-200417548Ignored
Disliked{quote} Three of four of the big Australian banks say no rate cut from the RBA today The April 2019 Reserve Bank of Australia monetary policy decision is due at 0430GMT. ANZ are tipping a 25 bp rate cut Westpac, CBA and NAB are all in the 'on hold' camp. NAB expects an easing bias to be confirmed, and they add that while not expecting a cut today they do see an 'appreciable risk' due to weak inflation.Ignored
Disliked{quote} RBA monetary policy decision on Tuesday, RBNZ on Wednesday - what to expect I found this interesting from ASB, a snippet from their their preview of the central banks this week. Wednesday's OCR announcement by the RBNZ is delicately poised. We expect the RBNZ to cut the OCR twice this year, with a cut at this week's announcement and a second one in August. But we see the probability of a cut this week as only marginally above 50%. Market pricing is similarly poised. As at the time of writing, markets have nearly priced in a 60% chance of...Ignored
Disliked{quote} Why The RBA May Not Cut Interest Rates However we think it is premature to bank on a rate cut from the RBA. So if the RBA leaves interest rates unchanged, AUD/USD could squeeze higher on short covering – though the lasting response will be based on whether they talk easing. If they confirm that a rate cut would be possible this year, we could still see the pair end the day lower. But if they leave interest rates and most of their monetary policy statement unchanged, disappointed bears could square up, driving the Australian dollar higher....Ignored
Disliked{quote} I honestly do not know why you answer, defend, or give these losers a second of your time? This is what they want.....your reaction and perhaps something said in anger so they have even more ammunition in the future. People say and do things they regret when emotions run high and I think you are so much better a man than to have this vomit get under your skin. I think the Prime Minister of New Zealand made a great move when she banned the use of the shooters name in all media so this scum bag will only be known as the looser who took lives....but no one will ever know his name for the most part. Don’t give these guys any more of your time imho. (Give it to me instead haaaaa) IngvarIgnored
Disliked{quote} RBA monetary policy decision on Tuesday, RBNZ on Wednesday - what to expect I found this interesting from ASB, a snippet from their their preview of the central banks this week. Wednesday's OCR announcement by the RBNZ is delicately poised. We expect the RBNZ to cut the OCR twice this year, with a cut at this week's announcement and a second one in August. But we see the probability of a cut this week as only marginally above 50%. Market pricing is similarly poised. As at the time of writing, markets have nearly priced in a 60% chance of a cut on Wednesday. Notably though, the market has priced in a full cut by August. … the RBA decision is also going to be close-run thing. There, markets have priced in a 40% probability of a cut tomorrow. Meanwhile, in contrast to our NZ OCR view, we expect the RBA will remain on hold this year. I bolded that bit - a very strong against consensus call from ASB indeed. --- I'll have more to come on both the RBNZ and RBA this week.Ignored
Disliked{quote} {quote} Davit: It could sky rocket in case rate same as current or plunge down if rate cut. My personal opinion rate stays the same and AUD appreciates specially against the Yen and NZD. I could be wrong of course and anyone can be wrong however this is based on data articles I read on Aussie economy. AUD win tonight is win for CAD as well.Commodity currencies influence each other. AJ up means CJ up same manner GA drop means GC drop as well. EA EC they are interlinked. Should RBA not cut and RBNZ cut tomorrow you can expect 800+ on ANIgnored
Disliked{quote} Nice PB on oil. A lot worse on USDCAD. {image} {image} {image} {image}Ignored
Disliked{quote} In DD. I have to wait for better PA then I'll add to positions. {image} {image}Ignored