RBA Lowe: Further easing may be appropriate

FXStreet (Bali) - RBA Deputy Governor Philip Lowe is giving a speech at the Goldman Sachs Annual Global Macro Economic Conference in Sydney, with the topic 'Low Inflation in a World of Monetary Stimulus'.

Headlines

Further easing may be appropriate

Low global rates have pushed up Australian asset prices

High asset prices help economy, need to watch carefully

RBA board noted further easing may be appropriate

Businesses saying lower A$ opening up new opportunities

Signs A$ depreciation is boosting domestic activity

Australian monetary policy still working; helping economy

Upward A$ pressure has complicated economic transition

Higher A$, lower interest rate due to global developments

EUR/USD: RSI on 4hr in oversold territory - FXStreet

Valeria Bednarik, chief analyst at FXStreet explained that the EUR/USD pair sunk to levels not seen since September 2009 overnight, reaching a daily low of 1.1061 before halting the slide.
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