Published: Wed, 03 Sep 2014 02:18:34 GMT
With a firm rejection of 1.35 and bullish momentum building leading up to ECB Bid Rate we see a technical plan for bullish setups
Published: Wed, 03 Sep 2014 00:14:29 GMT
Close to 4-years of interetest rates remaining at 1% it is a pretty safe bet that we will see no change in today's rate decision. Shifting to a neutral stance 1 year ago, and a stance which is expected to remain for the foreseeable future, a slightly dovish statement is also likely in the accompanying statement.
Published: Tue, 02 Sep 2014 05:14:41 GMT
Holding rates on hold for a 13th consecutive month, the most notable change in this month's rate change is the line "A$ above estimates of fundamental value".