Australia RBA Interest Rate Decision in line with expectations (1.25%) in June 4

Jun 4, 2019

GBP/USD: Buyers await PMI, political news to extend latest up-move

While expectations of a Fed rate cut and diminishing yields mostly drag the US Dollar (USD) down, the GBP/USD pair awaits fresh clues to stretch recent upside.

Australia: Current account narrows further – ANZ

Analysts at ANZ note that Australia’s CAD narrowed to AUD2.9bn from a revised AUD6.3bn in Q4 (originally AUD7.2bn). Key Quotes “A further improvement