You should do your own thorough research before making any investment decisions. RBA Statement on Monetary Policy August 2020 - preview . Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Past performance is no guarantee of future results and FOREXLIVE™ specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Author: ... as well as the other elements of the package announced on 19 March 2020. FXStreet has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.Any opinions, news, research, analyses, prices or other information contained on this website, by FXStreet, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. Tue 7 Apr 2020 04:31:22 GMT. RBA’s quarterly Statement on Monetary Policy. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. Thu 6 Aug 2020 20:27:53 GMT. Please read our privacy policy and legal disclaimer.Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. ADVISORY WARNING: FOREXLIVE™ provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Statement on Monetary Policy, May 2020.
FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. The Reserve Bank of Australia is releasing the full detail of its updated forecasts in the August Statement on Monetary Policy.This follows Tuesday's statement, whereby the Governor, Phillip Lowe, revealed that the forecast of -6%yr contraction by end 2020 has not changed, though they trimmed 2021 growth slightly, to +5%.Markets are looking to the assessment of the risks ahead, especially with respect to the forever higher Aussie dollar.The currency has been consolidating at the recovery and weekly highs in the 0.7230s into the release and events today, (The currency has held relatively steady at 0.7220 as the details of the forecasts seep through to markets.Looking beyond, we are looking now for Assistant Governor Economic Luci Ellis's speaking via an ABE webinar. Full statement of the RBA monetary policy decision - 7 April 2020. Reserve Bank of Australia Statement on Monetary Policy (SoMP) August 2020 Headlines via Reuters Also: As part of its review, the Board also discussed experience with a … The ECB may also try to talk down the euro, which has rallied 6% this quarter alone. Leverage creates additional risk and loss exposure. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. Author: Eamonn Sheridan | Category: Central Banks. None of the blogs or other sources of information is to be considered as constituting a track record.
Monetary Policy Decision – Statement by Philip Lowe, RBA Governor, August 2020 August 4, 2020 At its meeting today, the Board decided to maintain the current policy settings, including the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points. The RBA SoMP is due at 0130 GMT on Friday 7 … The use of this website constitutes acceptance of our user agreement. Emergency Brexit talks couldn’t change the EU-UK policymaker’s stubbornness. All the biggest trading floors in the world have screens locked on ForexLive™. - Board continues to view negative interest rates as being extraordinary unlikely in Australia. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. Find out how to take advantage of swings in global foreign exchange markets and see our real-time forex news analysis and reactions to central bank news, economic indicators and world events.
Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. FXStreet will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. RBA Statement on Monetary Policy - Sees no case for FX intervention. By continuing to browse our site you agree to our use of The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The negative Eurozone inflation released Tuesday poses downside risks to EUR/USD. Combating the spread of COVID-19 has required severe restrictions on economic activity in many countries. FOREXLIVE™ expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. It also does not guarantee that this information is of a timely nature. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.Opinions expressed at FXStreet are those of the individual authors and do not necessarily represent the opinion of FXStreet or its management. The Statement updates the Bank's assessment of current economic conditions, both domestic and international, along with the outlook for Australian inflation and output growth.