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6 Aug 2019

AUD bearish news: Iron ore slips into a bear market

Iron ore, one of Australia's top exports, has slipped into a bear market.

Spot benchmark ore has dropped to $99.50 a ton, representing a 20% drop from five-year highs above $120 hit last month.

A bear market is a condition in which securities prices fall 20% or more from recent highs, according to Investopedia.

While iron ore fell more than 20% in the last couple of weeks, the AUD/USD pair also lost altitude, falling from 0.7082 to 0.6748 in 2.5-weeks to Aug. 5.

Aug 6, 2019

New Zealand RBNZ Inflation Expectations (QoQ) declined to 1.86% in 3Q from previous 2.01%

New Zealand RBNZ Inflation Expectations (QoQ) declined to 1.86% in 3Q from previous 2.01%
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Aug 6, 2019

When is the RBA Rate Decision and how could if affect AUD/USD?

The Reserve Bank of Australia (RBA) will announce its decision on interest rates at 2:30 pm AEST am in Sydney, Australia, 4:30 am GMT. The central ban
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