Posts By: Gregory McKenna

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Heads Up: This Could Be A Huge Day For The Aussie Dollar

Posted by & filed under Featured.

The CPI for the December 2013 quarter was one of the numbers that really turned people expectations about the path of Australian interest rates. Showing a stronger than expected rise in inflation and a move toward the upper end of the RBA’s 2-3% band with a print of 2.7% year on year the market reappraised the…
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Stocks Rally But Aussie Losing Momentum

Posted by & filed under Morning Call.

- Stocks have stretched their recovery to three days of rallies with strong gains in Europe and the US building on the Nikkei’s incredible 3% jump yesterday. This has left the June SPI 200 contract up 16 points in overnight trade to 5422 bid. – Key to the US move seems to be the continued…
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