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Dovish RBA and rising Canberra-Beijing tensions to restrain AUD’s performance – Rabobank

Dovish RBA and rising Canberra-Beijing tensions to restrain AUD’s performance – Rabobank

“Compared to its peers, the RBA is extremely candid in its acknowledgment that QE plays a pivotal role in lowering the worth of the rate of exchange,” note Rabobank analysts. Key quotes “In a speech about monetary policy in the week,…

Market News
EUR/GBP: Choppy trading in the coming months, a move to 0.84 by year-end – Rabobank

EUR/GBP: Choppy trading in the coming months, a move to 0.84 by year-end – Rabobank

Analysts at Rabobank still see choppy range trading for the EUR/GBP within the weeks ahead. they keep a forecast that the currency pair could still push to 0.84 by year-end. Key Quotes: “The May 6 publication of the BoE’s Monetary Policy…